Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,700/mt ($514/mt) |
-RMB 20/mt (-$3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 241,000/mt ($33,475/mt) |
-RMB 1,000/mt (-$138/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