Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,120/mt ($162/mt) | +RMB 20/mt (+2$/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 78,500/mt ($11,360/mt) | +RMB 2,000/mt (+$257/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.,
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.91
Source: SteelHome