Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,240/mt ($178/mt) |
+ RMB 10/mt (+ $3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 87,000/mt ($12,535/mt) |
+ RMB 500/mt (+ $210/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 6.9408
Source: SteelHome