Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,410 /mt ($480/mt) |
- RMB 20/mt (- $3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 227,000/mt ($31,983/mt) |
- RMB 2,000/mt (- $280/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 7.0975
Source: Steelhome