Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,350/mt |
+ RMB 210/mt |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 164,500/mt |
+ RMB 21,000/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 6.4361
Source: Steelhome