Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,860/mt ($290/mt) |
- (- $1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 124,000/mt ($19,353/mt) |
- (- $65/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 6.4072
Source: Steelhome