Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,570/mt ($498/mt) |
- RMB 20/mt (- $1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 233,500/mt ($32,563/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 7.1705
Source: Steelhome