Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,830/mt ($267/mt) |
+ RMB 110/mt (+ $14/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 138,000/mt ($20,117/mt) |
+ RMB 13,000/mt (+ $1,762/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 6.86
Source: SteelHome