Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,410 /mt ($207/mt) |
- RMB 10/mt (-$3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 96,500/mt ($14,159/mt) |
- RMB 500/mt (-$192/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 6.8156
Source: SteelHome