Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 900/mt ($141/mt) | -RMB 50/mt ($8/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 62,000/mt ($9,703/mt) | - | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.39
Source: SteelHome