Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 930/mt ($139/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 66,000/mt ($9,895/mt) | -RMB 2,000/mt ($300/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.67
Source: SteelHome