Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,590/mt ($229/mt) |
+RMB 30/mt (+$5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 110,500/mt ($15,945/mt) |
+ RMB 2,500/mt (+$450/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 6.93
Source: SteelHome