Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,050/mt ($155/mt) |
+ RMB 10/mt (+$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 75,000/mt ($11,062/mt) |
- (+$33/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 6.78
Source: SteelHome