Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,690/mt ($253/mt) |
+ RMB 20/mt (+ $7/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 122,000/mt ($18,236/mt) |
+ RMB 4,000/mt (+ $832/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 6.69
Source: SteelHome