Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,800/mt ($439/mt) |
+ RMB 130/mt (+$19/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 187,000/mt ($29,378/mt) |
+ RMB 5,500/mt (+$800/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 6.3653
Source: Steelhome