|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,340/mt ($202/mt) |
- (-) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 92,000/mt ($13,876/mt) |
- RMB 1,000/mt (-$109/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.63
Source: SteelHome