Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,240 /mt ($456/mt) |
+ RMB 70/mt (+$13/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 221,000/mt ($31,114/mt) |
+ RMB 4,000 /mt (+$473/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 7.1029
Source: Steelhome
