|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,520/mt ($234/mt) |
- RMB 10/mt - $4/mt |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 107,000/mt ($16,462/mt) |
-RMB 2,000/mt - $490/mt |
Ex-works |
The local Chinese market price includes 16 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.50
Source: SteelHome