Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,920/mt ($417.6/mt) |
- (- $3.7/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 196,000/mt ($28,032/mt) |
+ RMB 1,000/mt (+ $104/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 6.992
Source: Steelhome