Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 4,470/mt ($627/mt) |
+ RMB 120/mt |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 288,000/mt ($40,380/mt) |
+ RMB 8,000/mt (+$1,122/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 7.1321
Source: Steelhome