|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,860/mt ($269/mt) |
- RMB50/mt (-$9/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 126,000/mt ($18,260/mt) |
- RMB3,000/mt (- $489/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 6.90
Source: SteelHome