|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,010 /mt ($424/mt) |
+ RMB 40/mt (+ $6/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 207,000/mt ($29,172/mt) |
+ RMB 4,000 /mt (+$631/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 7.0957
Source: Steelhome