Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 910/mt ($140/mt) |
+ RMB 90/mt ($14/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 72,000/mt ($11,043/mt) |
+ RMB 9,000/mt ($1,381/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.52
Source: SteelHome