Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,690/mt ($260/mt) |
- RMB 30/mt (-$7/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 115,000/mt ($17,710/mt) |
(-$57/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 6.4934
Source: Steelhome