Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,020/mt ($164/mt) | -RMB 10/mt ($2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 71,000/mt ($11,433/mt) | -RMB 2,000/mt ($322/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.21
Source: SteelHome