Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,180/mt ($171/mt) | + RMB 60/mt (+$9/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 83,000/mt ($12,046/mt) | +RMB 2,500/mt (+$396/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.,
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.89
Source: SteelHome