Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,490/mt ($364/mt) |
+ RMB 50/mt (+ $5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 170,000/mt ($24,823/mt) |
+ RMB 9,000/mt (+ $1,168/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 6.8486
Source: Steelhome