Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,830/mt ($266/mt) |
+ RMB 50/mt (+ $7/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 132,000/mt ($19,214/mt) |
+ RMB 5,000/mt (+ 728/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 6.87
Source: SteelHome