Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,640/mt ($393.4/mt) |
- RMB 40/mt (- $6.6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 177,000/mt ($26,379/mt) |
- RMB 2,500/mt (- $465.7/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 6.7098
Source: Steelhome
