Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,060/mt ($426/mt) |
- RMB 160/mt (-$23/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 210,000 /mt ($29,249/mt) |
- RMB 9,000/mt (-$1,455/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 7.1796
Source: Steelhome