Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,420 /mt ($210/mt) |
- RMB 10/mt (+$1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 97,000/mt ($14,351/mt) |
- RMB 1,000/mt (+$15/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 6.7591
Source: SteelHome