Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,000/mt ($284/mt) |
- RMB 10/mt (- $3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 135,500/mt ($19,275/mt) |
- RMB 1,500/mt (-$345/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 7.03
Source: SteelHome