|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,300 /mt ($465/mt) |
- RMB 30/mt - |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 220,000/mt ($31,007/mt) |
- RMB 3,000/mt (- $399/mt) |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 7.095
Source: Steelhome