Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 770/mt ($120/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 50,000/mt ($7,813/mt) | -RMB 1,500/mt ($234/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.40
Source: SteelHome