Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,590/mt ($499/mt) |
-RMB 70/mt (-$5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 232,500/mt ($32,347/mt) |
-RMB 5,500/mt (-$760/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 7.1876
Source: Steelhome
