Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,850/mt ($537/mt) |
+ RMB 20/mt (+ $3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 247,000/mt ($34,590/mt) |
- RMB 1,000/mt (- $139/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 7.1695
Source: Steelhome