Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,340/mt ($202/mt) |
-RMB 30/mt (-$6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 93,000/mt ($14,048/mt) |
-RMB 3,000/mt (-$520/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 6.62
Source: SteelHome