Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,710/mt ($267/mt) |
- RMB 30/mt (+$1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 116,000/mt ($17,767/mt) |
- (+ $32/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 6.5288
Source: Steelhome