|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,810/mt ($394/mt) |
- RMB 70/mt (-$7/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 194,000 /mt ($26,767/mt) |
+ RMB 2,000/mt (+$499/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 7.1151
Source: Steelhome