Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,790/mt ($252/mt) |
-RMB 140/mt (- $21/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 124,000/mt ($17,465/mt) |
- RMB 4,000/mt (-$640/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 7.10
Source: SteelHome