Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,150/mt ($168/mt) | - RMB 20/mt (-$2/mt) | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 80,000/mt ($11,662/mt) | - RMB 1,000/mt (-$94/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 6.86
Source: SteelHome