Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,070/mt ($157/mt) |
- RMB 60/mt (-$9/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 75,000/mt ($11,029/mt) |
- RMB 3,000/mt (-$425/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 6.80
Source: SteelHome