Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,410 /mt ($213/mt) |
+ RMB 20/mt (+$6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 98,000/mt ($14,783/mt) |
+ RMB 1,000/mt (+355$/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 6.629
Source: SteelHome