|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,790/mt ($261/mt) |
- RMB 40/mt (- $6/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 135,000/mt ($19,708/mt) |
- RMB 3,000/mt (- $409/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 6.85
Source: SteelHome