Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,230/mt ($175/mt) |
- RMB 10/mt (- $2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 86,500/mt ($12,325/mt) |
- RMB 2,500/mt (- $388/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 7.0182
Source: SteelHome