|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,910/mt ($276/mt) |
+ RMB 40/mt (+$4/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 135,000/mt ($19,509/mt) |
+ RMB 6,000/mt (+ $759/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 6.92
Source: SteelHome