Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,730/mt ($522/mt) |
- (-$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 244,000/mt ($34,157/mt) |
- (-$142/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 7.1433
Source: Steelhome