Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,500/mt ($222/mt) |
+ RMB 40/mt (+ $6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 107,000/mt ($15,828/mt) |
+ RMB 7,000/mt (+ $1,057/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 6.76
Source: SteelHome