Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,120-1,140/mt ($181-184/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 76,000/mt ($12,258/mt) | - RMB 1,000 ($161/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.20
Source: SteelHome