Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,720/mt ($517/mt) |
-RMB 10/mt (-$5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 242,000/mt ($33,614/mt) |
-RMB 2,000/mt (-$543/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 7.1992
Source: Steelhome