Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,660/mt ($509/mt) |
-RMB 40/mt (-$5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 238,000/mt ($33,107/mt) |
-RMB 3,000/mt (-$368/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 7.1887
Source: Steelhome