Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,280/mt ($209/mt) | -RMB 30/mt ($5/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 92,000/mt ($15,008/mt) | -RMB 1,000/mt ($163/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.13
Source: SteelHome