Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 860/mt ($135/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 57,000/mt ($8,948/mt) | - | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.37
Source: SteelHome