Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,910/mt ($278/mt) |
- RMB 30/mt (-$1/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 129,000/mt ($18,750/mt) |
- RMB 4,000/mt (- $386/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 6.88
Source: SteelHome