Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,390/mt ($196/mt) |
- RMB 70/mt (- $10/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 97,000/mt ($13,699/mt) |
- RMB 3,000/mt (- $428/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 7.0808
Source: SteelHome