Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,400/mt ($213/mt) |
- (-$1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 99,000/mt ($15,023/mt) |
- (-$115/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 6.59
Source: SteelHome