Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,680/mt ($525/mt) |
- RMB 20/mt (+$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 239,000/mt ($34,093/mt) |
- RMB 1,000/mt (+ $121/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 7.0101
Source: Steelhome