Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 980/mt ($148/mt) | -RMB 20/mt ($3/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 69,000/mt ($10,439/mt) | - RMB 4,500/mt ($681/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.61
Source: SteelHome