Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 810/mt ($123/mt) |
+RMB 20/mt ($3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 62,000/mt ($9,422/mt) |
+RMB 2,000/mt ($304/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.58
Source: SteelHome