Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,210/mt ($176/mt) | +RMB 30/mt (+$5/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 85,000/mt ($12,337/mt) | +RMB 1,500/mt (+$218/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 6.89
Source: SteelHome