Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,580/mt ($225/mt) |
+RMB 20/mt (+$4/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 110,000/mt ($15,692/mt) |
-RMB 1,000/mt (-$30/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 7.01
Source: SteelHome