Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,080/mt ($157/mt) | +RMB 40/mt | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 76,000/mt ($11,015/mt) | +RMB 1,000/mt | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.90
Source: SteelHome