Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 790/mt ($122/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 53,000/mt ($8,179/mt) | +RMB 1,000/mt ($154/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.48
Source: SteelHome