Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,650/mt ($383.5/mt) |
+ RMB 40/mt (+ $4.5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 183,000/mt ($26,484/mt) |
+ RMB 6,000/mt (+ $801/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 6.9098
Source: Steelhome