Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 950/mt ($140/mt) | + RMB 10/mt ($2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 73,000/mt ($10,720/mt) | +RMB 1,000/mt ($147/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.81
Source: SteelHome