Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,790/mt ($256/mt) |
+ RMB 70/mt (+$9/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 122,500/mt ($17,550/mt) |
- (-$25/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 6.98
Source: SteelHome