Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,390 /mt ($205/mt) |
- RMB 20/mt (-$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 95,000/mt ($14,013/mt) |
- RMB 1,500/mt (-$146/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 6.7796
Source: SteelHome