Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,790/mt ($528/mt) |
- RMB 290/mt (-$41/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 258,000 /mt ($35,934/mt) |
- RMB 16,000/mt (-$2,264/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 7.1798
Source: Steelhome