Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,560/mt ($221/mt) |
RMB 90/mt ($12/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 111,000/mt ($15,722/mt) |
RMB 5,000/mt ($687/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 7.06
Source: SteelHome