Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,760/mt ($530/mt) |
+ RMB 90/mt (+$14/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 245,000/mt ($34,543/mt) |
+ RMB 4,000/mt (+$660/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 7.0925
Source: Steelhome