Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,190/mt ($172/mt) | - RMB 30/mt (-$5/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 83,500/mt ($12,101/mt) | - (-$36/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 6.90
Source: SteelHome