Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 4,290/mt ($622.5/mt) |
+ RMB 10/mt (+ $8.5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 301,000/mt ($43,679/mt) |
+ RMB 2,000/mt (+ $748/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 6.8912
Source: Steelhome