Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,060/mt ($153/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 74,000/mt ($10,693/mt) | - (+$30/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.92
Source: SteelHome