Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,040/mt ($151/mt) |
- RMB 20/mt (-$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 73,500/mt ($10,652/mt) |
- RMB 500/mt (-$41/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.90
Source: SteelHome