Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 850/mt ($127/mt) | +RMB 20/mt ($3/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 66,000/mt ($9,925/mt) | +RMB 3,000/mt ($451/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.65
Source: SteelHome