|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,970/mt ($283/mt) |
- RMB 10/mt (-$2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 137,000/mt ($19,712/mt) |
- RMB 1,000/mt (- $144/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 6.95
Source: SteelHome