Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,880/mt ($294/mt) |
- RMB 80/mt (-$12/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 131,500/mt ($20,603/mt) |
- RMB 5,000/mt (-$703/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 6.3825
Source: Steelhome