Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,200/mt ($446/mt) |
+ RMB 140/mt (+$20/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 216,000 /mt ($30,095/mt) |
+ RMB 6,000/mt (+$847/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 7.1771
Source: Steelhome