Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,440/mt ($185/mt) |
+ RMB 200/mt (+$31/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 110,000/mt ($14,732/mt) |
+ RMB 11,000/mt (+$1,769/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 6.67
Source: SteelHome