Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,010/mt ($287/mt) |
+ RMB 50/mt (+ $16/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 132,700/mt ($18,930/mt) |
+ RMB 1,000/mt (-$176/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 7.01
Source: SteelHome