Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,400/mt ($355.3/mt) |
- RMB 70/mt (- $10.3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 164,000/mt ($24,280/mt) |
- RMB 5,000/mt (- $740.2/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 6.7544
Source: Steelhome