|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,010/mt ($283/mt) |
+ RMB 10/mt (+ $1/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 134,000/mt ($18,900/mt) |
- RMB 1,000/mt (-$114/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 7.09
Source: SteelHome