Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,300/mt ($357/mt) |
+ RMB 10/mt (+$1.5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 157,000/mt ($24,384/mt) |
+ RMB 1000/mt (+$155.3/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 6.4386
Source: Steelhome