Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,030/mt ($166/mt) | -RMB 30/mt ($4/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 73,000/mt ($11,755/mt) | -RMB 1.000/mt ($161/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.21
Source: SteelHome