Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,430/mt ($373.9/mt) |
+ RMB 40/mt (+ $5.1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 166,500/mt ($25,622/mt) |
+ RMB 1,500/mt (+ $159/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 6.4984
Source: Steelhome