Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,050/mt ($153/mt) | +RMB 10/mt (+22$/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 74,000/mt ($10,771/mt) | +RMB 1,500/mt (+$218/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