Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,040/mt ($151/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 72,500/mt ($10,553/mt) | -RMB 1,000/mt (-$130/mt) | Ex-works |
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.87
Source: SteelHome