Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,460/mt ($216/mt) |
- RMB 80/mt (- $36/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 100,000/mt ($14,771/mt) |
- RMB 7,000/mt (- $1,784/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 6.77
Source: SteelHome