Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 830/mt ($125/mt) | -RMB 30/mt ($5/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 61,000/mt ($9,118/mt) | - | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.68
Source: SteelHome