Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 790/mt ($120/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 60,000/mt ($9,119/mt) | +RMB 4,000/mt (608/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.58
Source: SteelHome