Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 860/mt ($128/mt) | -RMB 70/mt ($10/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 61,000/mt ($9,118/mt) | - RMB 3,000/mt ($448/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.69
Source: SteelHome