Product | Price | Weekly price change | Sales term |
45% molybdenum ore (Liaoning) | RMB 850/mt ($128/mt) | - | Ex-works |
FeMo60 ferromolybdenum (Liaoning) | RMB 68,500/mt ($10,301/mt) | +RMB 1,000/mt ($150/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.65
Source: SteelHome