Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,900/mt ($546/mt) |
- (+ $6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 255,000/mt ($35,755/mt) |
- RMB 5,000/mt (- $329/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 7.1318
Source: Steelhome