Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,550 /mt ($500/mt) |
+ RMB 230/mt (+$13/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 240,000/mt ($33,776/mt) |
+ RMB 18,000/mt (+ $2,529/mt) |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 7.1056
Source: Steelhome