Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,390 /mt ($206/mt) |
- (+$1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 97,000/mt ($14,406/mt) |
+ RMB 2,000/mt (+$393/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 6.7332
Source: SteelHome