Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,070/mt ($154/mt) | -RMB 10/mt (-$3/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 75,000/mt ($10,776/mt) | -RMB 1,000/mt (-$239/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 6.96
Source: SteelHome