Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,670/mt ($419/mt) |
- (-$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 178,500/mt ($28,004/mt) |
(- RMB 1,000/mt) (- $297/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 6.3739
Source: Steelhome