Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 810/mt ($125/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 58,000/mt ($8,964/mt) | - RMB 500/mt ($77/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.47
Source: SteelHome