Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,970/mt ($560/mt) |
- RMB 300/mt |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 255,000/mt ($35,976/mt) |
- RMB 13,000/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 7.088
Source: Steelhome