|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,580/mt ($251/mt) |
- RMB 40/mt (- $5/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 108,000/mt ($17,143/mt) |
- RMB 4,000/mt (-$579/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 6.30
Source: SteelHome