Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,700/mt ($523/mt) |
+RMB 20/mt (-$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 244,000/mt ($34,496/mt) |
+RMB 5,000/mt (+$403/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 7.0731
Source: Steelhome