Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,310/mt ($214/mt) | -RMB 10/mt ($2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 93,000/mt ($15,171/mt) | -RMB 1,000/mt ($163/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.13
Source: SteelHome