Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 4.050/mt ($566/mt) |
+ RMB 80/mt (+$11/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 261,000/mt ($36,504/mt) |
+ RMB 6,000/mt (+$837/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 7.1498
Source: Steelhome