Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,630/mt ($509/mt) |
- RMB 40/mt (-$3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 237,000/mt ($33,204/mt) |
- RMB 2,000/mt (- $330/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 7.1376
Source: Steelhome