Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,760/mt ($251/mt) |
- RMB 30/mt (-$5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 115,000/mt ($16,382/mt) |
-RMB 7,500/mt (-$1,168/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 7.02
Source: SteelHome