Product | Price | Price change (March 28) |
Sales term |
45% molybdenum ore (Liaoning) | RMB 3,300/mt ($458/mt) |
- RMB 70/mt (-$12/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 214,000/mt ($29,686/mt) |
- RMB 7,000/mt (-$1,113/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 7.2087
Source: Steelhome