|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,850/mt ($541/mt) |
- (-) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 252,000/mt ($35,392/mt) |
- RMB 1,000/mt (- $165/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 7.1201
Source: Steelhome