Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,010/mt ($148/mt) |
- RMB 60/mt (-$9/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 73,000/mt ($10,719/mt) |
- RMB 2,000/mt (-$309/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 6.81
Source: SteelHome