Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,370/mt ($220/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 97,000/mt ($15,595/mt) | - | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.22
Source: SteelHome