Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,480/mt ($209/mt) |
- |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 104,000/mt ($14,692/mt) |
+ RMB 1,000/mt (+$103/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 7.0788
Source: SteelHome