Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,720/mt ($522/mt) |
- RMB 60/mt (- $9/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 240,000/mt ($33,665/mt) |
- RMB 7,000/mt (-$1,066/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 7.1289
Source: Steelhome