|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,540 /mt ($499/mt) |
- RMB 10/mt (-$1/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 237,000/mt ($33,379/mt) |
- RMB 3,000/mt (- $397/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 7.1002
Source: Steelhome