Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,720/mt ($266/mt) |
+ RMB 30/mt (+$6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 116,500/mt ($18,014/mt) |
+ RMB 1,500 (+$304/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 6.4672
Source: Steelhome