Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,510/mt ($499/mt) |
+ RMB 120/mt (+ $11/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 235,000/mt ($33,401/mt) |
+ RMB 7,000/mt (+ $586) |
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 7.0356
Source: Steelhome