Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,250/mt ($347.5/mt) |
- RMB 20/mt (- $3.3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 154,500/mt ($23,859/mt) |
+ RMB 2,500/mt (+ $370/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 6.4755
Source: Steelhome