Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,350/mt ($216/mt) | + RMB 30 /mt | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 92,000/mt ($14,767/mt) | +RMB 500/mt | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.23
Source: SteelHome