Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,550 /mt ($240/mt) |
- (-) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 113,000/mt ($17,486/mt) |
+ RMB 5,500/mt (+$873/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 6.4624
Source: Steelhome