Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,220/mt ($347/mt) |
- RMB 30/mt (-$4/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 151,000/mt ($23,628/mt) |
- RMB 5,000/mt (-$735/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 6.3907
Source: Steelhome