|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,790/mt ($259/mt) |
- RMB 20/mt (- $3/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 119,000/mt ($17,197/mt) |
- RMB 1,000/mt (-$169/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 6.92
Source: SteelHome