Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,800/mt ($531/mt) |
+ RMB 20/mt (+ $2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 245,000/mt ($34,248/mt) |
+ RMB 4,000/mt (+ $602/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 7.1535
Source: Steelhome