Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 930/mt ($140/mt) | -RMB 50/mt ($8/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 64,000/mt ($10,301/mt) | - RMB 5,000/mt ($752/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.65
Source: SteelHome