Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 920/mt ($138/mt) | +RMB 70/mt ($11/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 69,000/mt ($10,360/mt) | +RMB 500/mt ($75/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.66
Source: SteelHome