|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,710/mt ($270/mt) |
+RMB 80/mt (+$13/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 116,000/mt ($18,296/mt) |
+ RMB 4,000 RMB/mt (+$659/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.34
Source: SteelHome