Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,280/mt ($209/mt) | +RMB 10/mt ($2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 91,000/mt ($14,869/mt) | +RMB 1,000/mt ($163/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.12
Source: SteelHome