Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,800/mt ($264/mt) |
+ RMB 30/mt (-$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 122,000/mt ($17,915/mt) |
+ RMB 2,000/mt (+$137/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 6.81