Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,770/mt ($529/mt) |
+RMB 70/mt (+$6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 245,000/mt ($34,374/mt) |
+RMB 1,000/mt (+$122/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 7.1274
Source: Steelhome