Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,170/mt ($170/mt) | - (+$1/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 81,000/mt ($11,756/mt) | - RMB 1,000/mt (-$128/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