Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,590/mt ($499/mt) |
- (-) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 233,500/mt ($32,475/mt) |
+ RMB 1,000/mt (+$128/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 7.1901
Source: Steelhome