|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,780/mt ($259/mt) |
- RMB 10/mt (- $2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 127,000/mt ($18,486/mt) |
- RMB 8,000/mt (- $1,222/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 6.87
Source: SteelHome