|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,330 /mt ($465/mt) |
- RMB 80/mt (- $15/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 223,000/mt ($31,406/mt) |
- RMB 4,000/mt (- $577/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 7.1004
Source: Steelhome