Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,340/mt ($362.2/mt) |
+ RMB 20/mt (+ $3.3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 160,000/mt ($24,767/mt) |
+ RMB 3,500/mt (+ $560/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 6.4602
Source: Steelhome