Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,550 /mt ($240/mt) |
+ RMB 20/mt (+$4/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 106,500/mt ($16,478/mt) |
- (+$9/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 6.4633
Source: Steelhome