Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,800/mt ($260/mt) |
- (-$4/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 122,000/mt ($17,656/mt) |
- (-$259/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 6.91
Source: SteelHome