|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,320 /mt ($467/mt) |
+ RMB 50/mt (+$6/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 222,000/mt ($31,247/mt) |
+ RMB 2,000/mt (+ $247/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 7.1046
Source: Steelhome