Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 4,570/mt ($643/mt) |
+ RMB 50/mt |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 294,000/mt ($41,371/mt) |
+ RMB 3,000/mt (+$427/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 7.1064
Source: Steelhome