Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,340/mt ($216/mt) | -RMB 30/mt ($5/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 95,500/mt ($15,378mt) | -RMB 500/mt ($81/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.21
Source: SteelHome