Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 940/mt ($139/mt) | +RMB 10/mt | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 68,500/mt ($10,103/mt) | +RMB 2,500/mt ($369/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.78
Source: SteelHome