Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 4,520/mt ($667.6/mt) |
+ RMB 20/mt (- $1.1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 301,000/mt ($44,460/mt) |
- (- $270/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 6.7702
Source: Steelhome