Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,730/mt ($525/mt) |
-RMB 40/mt (-$4/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 244,000/mt ($34,322/mt) |
-RMB 1,000/mt (-$52/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 7.109
Source: Steelhome