Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,440/mt ($377.8/mt) |
- RMB 50/mt (- $7.7/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 165,000/mt ($25,550/mt) |
- RMB 3,000/mt (- $464.5/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 6.4577
Source: Steelhome