Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,170/mt ($170/mt) | - RMB 20/mt (-$2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 83,000/mt ($12,046/mt) | - RMB 500/mt (-$55/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 6.89
Source: SteelHome