Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,670/mt ($516/mt) |
+ RMB 30/mt (+$6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 241,000/mt ($33,883/mt) |
+ RMB 2,000/mt (+$389/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 7.1127
Source: Steelhome