Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,120-1,140/mt ($179-183/mt) | -RMB 10/mt ($2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 77,000/mt ($12,281/mt) | -RMB 1,000/mt ($159/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.27
Source: SteelHome