Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,770/mt ($273/mt) |
- (-) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 117,500/mt ($18,120/mt) |
- (+ $16/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 6.4845
Source: Steelhome