Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,140 /mt ($443/mt) |
+ RMB 130/mt (+ $19/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 216,000/mt ($30,442/mt) |
+ RMB 9,000 /mt (+$1.270/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 7.0953
Source: Steelhome