|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,200/mt ($445/mt) |
- RMB 300/mt (-$42/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 228,000 /mt ($31,757/mt) |
+ RMB 1,000/mt (+$131/mt) |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 7.1793
Source: Steelhome