Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,610/mt ($379/mt) |
+ RMB 120/mt (+ $15/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 177,000/mt ($25,683/mt) |
+ RMB 7,000/mt (+ $860/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 6.8917
Source: Steelhome