Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,710/mt ($522/mt) |
- RMB 50/mt (-$8/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 241,000/mt ($33,929/mt) |
- RMB 4,000/mt (- $614/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 7.103
Source: Steelhome