Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,760/mt ($262/mt) |
- (-) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 120,000/mt ($17,884/mt) |
-RMB 2,000/mt (-$297/mt) |
Ex-works |
The local Chinese market price includes 16 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.71
Source: SteelHome