|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,840/mt ($267/mt) |
+ RMB 30/mt (+ $4/mt) |
+ RMB 1,000/mt (+$170/mt) |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 125,000/mt ($18,169/mt) |
+ RMB 5,000/mt (+$702/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 6.88
Source: SteelHome