Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,130/mt ($166/mt) | - RMB 20/mt (-$2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 78,000/mt ($11,454/mt) | - RMB 2,000/mt (-$208/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 6.81
Source: SteelHome