Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,010/mt ($148/mt) | - (-) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 73,000/mt ($10,673/mt) | - (-$46/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 6.84
Source: SteelHome