|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,390 /mt ($477/mt) |
+ RMB 50/mt (+ $7/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 224,000/mt ($31,523/mt) |
- (+ $2/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 7.1059
Source: Steelhome