Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,390/mt ($198/mt) |
-RMB 160/mt (- $3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 99,000/mt ($14,103/mt) |
- RMB 4,000/mt (-$611/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 7.02
Source: SteelHome