Product
|
Price |
Price change |
Sales term |
|
|
45% molybdenum ore (Liaoning) |
RMB 3,270 /mt ($460/mt) |
- RMB 50/mt (-$2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 218,000/mt ($30,682/mt) |
- RMB 4,000 /mt (-RMB 216/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 7.105
Source: Steelhome