Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 1,000/mt ($152/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 73,500/mt ($11,154/mt) | - RMB 2,500/mt ($380/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.59
Source: SteelHome