Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,320/mt ($358.9/mt) |
- (+ $0.3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 156,500/mt ($24,207/mt) |
- RMB 1,000/mt (- $134/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 6.465
Source: Steelhome