Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 910/mt ($140/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 72,000/mt ($11,043/mt) | - | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.55
Source: SteelHome