Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,920/mt ($277/mt) |
+ RMB 10/mt (+$1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 140,000/mt ($20,202/mt) |
+ RMB 5,000/mt (+ $693/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 6.93
Source: SteelHome