Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,850/mt ($287/mt) |
+ RMB 130 (+$21/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 125,000/mt ($19,372/mt) |
+ RMB 7,000 (+$1,128/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 6.4525
Source: Steelhome