Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,390/mt ($368.8/mt) |
+ RMB 50/mt (+ $6.8/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 165,000/mt ($25,463/mt) |
+ RMB 2,500/mt (+ $318/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 6.4799
Source: Steelhome