|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,800/mt ($261/mt) |
- (-) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 120,000/mt ($17,366/mt) |
- RMB 1,000/mt (-$170/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 6.91
Source: SteelHome