|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,850/mt ($541/mt) |
+ RMB 170/mt (+$23/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 253,000/mt ($35,582/mt) |
+ RMB 10,000/mt (+ $1,380/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 7.1102
Source: Steelhome