Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,610/mt ($252/mt) |
- RMB 10/mt (-$2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 108,000/mt ($16,901/mt) |
- RMB 1,000/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 6.39
Source: SteelHome