Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 810/mt ($125/mt) |
- |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 59,000/mt ($9,077/mt) |
+ RMB 1,500/mt ($231/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.50
Source: SteelHome