Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,320/mt ($215/mt) | -RMB 20/mt ($3/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 94,000/mt ($15,309/mt) | - | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.14
Source: SteelHome