Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,610/mt ($387/mt) |
- RMB 30/mt (- $6.4/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 175,000/mt ($25,925/mt) |
- RMB 2,000/mt (- $454/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 6.7503
Source: Steelhome