Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,430 /mt ($483/mt) |
+ RMB 40/mt (+ $6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 229,000/mt ($32,263/mt) |
+ RMB 5,000/mt (+ $740/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 7.0978
Source: Steelhome