Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,360/mt ($205/mt) |
+ RMB 20/mt (+$3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 94,000/mt ($14,178/mt) |
- (+$21/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 6.63
Source: SteelHome