Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 810/mt ($125/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 62,000/mt ($9,480/mt) | - RMB 1,000 ($153/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.54
Source: SteelHome