Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,320/mt ($221/mt) | - RMB 20/mt (-$3/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 93,500/mt ($15,081/mt) | - RMB 2,000/mt (- $323/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.20
Source: SteelHome