|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,270 /mt ($461/mt) |
+ RMB 150/mt (+$4/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 220,000/mt ($31,000/mt) |
+ RMB 13,000/mt (+ $1,825/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 7.0967
Source: Steelhome