Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,030/mt ($149/mt) | + RMB 80/mt ($12/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 75,000/mt ($10,885/mt) | + RMB 2,000/mt ($290/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.89
Source: SteelHome