Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,100/mt ($162/mt) |
+ RMB 50/mt (+$7/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 78,000/mt ($11,521/mt) |
+ RMB 3,000/mt (+$459/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 6.77
Source: SteelHome