Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,820/mt ($538/mt) |
+ RMB 110/mt (+ $13/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 252,000/mt ($35,523/mt) |
+ RMB 5,000/mt (+ $572/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 7.0939
Source: Steelhome