Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,040/mt ($151/mt) | +RMB 10/mt (+ $2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 75,000/mt ($10,901/mt) | - (+ $47/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.88
Source: SteelHome