Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,030 /mt ($426/mt) |
+ RMB 220/mt (+ $32/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 210,000/mt ($29,534/mt) |
+ RMB 16,000 /mt (+$2,767/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 7.1104
Source: Steelhome