Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,990/mt ($312.2/mt) |
+ RMB 110/mt (+$17.2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 150,000/mt ($23,533/mt) |
+ RMB 14,500/mt (+$2,274/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 6.3738
Source: Steelhome