|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,740 /mt ($527/mt) |
+ RMB 200/mt (+$28/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 248,000/mt ($34,924/mt) |
+ RMB 11,000/mt (+ $1,545/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 7.1011
Source: Steelhome