Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,170/mt ($169/mt) |
- (-$1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 82,000/mt ($11,884/mt) |
- RMB 1,000/mt (-$162/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 6.90
Source: SteelHome