Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,340/mt ($216/mt) | +RMB 20/mt ($3/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 94,000/mt ($15,186mt) | +RMB 1,000/mt ($162/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.19
Source: SteelHome