|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,170 /mt ($443/mt) |
+ RMB 30/mt (-) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 217,000/mt ($30,641/mt) |
+ RMB 1,000 /mt (+$199/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 7.0827
Source: Steelhome