Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,620/mt ($254/mt) |
- (-$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 109,000/mt ($17,058/mt) |
- (-$162/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 6.39
Source: SteelHome