Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,970 /mt ($418/mt) |
- RMB 60/mt (- $8/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 203,000/mt ($28,542/mt) |
- RMB 7,000 /mt (-$992/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 7.1123
Source: Steelhome