Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 4,240/mt ($594/mt) |
+ RMB 240/mt (+ $33/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 277,000/mt ($38,806/mt) |
+ RMB 13,000/mt (+ $1,825/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 7.138
Source: Steelhome