|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,120 /mt ($465/mt) |
- RMB 180/mt (-$25/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 207,000/mt ($29,175/mt) |
- RMB 13,000/mt (- $1,831/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