|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,590/mt ($248/mt) |
+ RMB 60/mt (+ $10/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 110,000/mt ($17,188/mt) |
+ RMB 1,000/mt (+$236/mt) |
Ex-work |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.40
Source: SteelHome