Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 770/mt ($121/mt) | -RMB 30/mt ($5/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 52,000/mt ($8,150/mt) | - | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.38
Source: SteelHome