Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 920/mt ($140/mt) |
+RMB 10/mt ($1.5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 75,000/mt ($11,433/mt) |
+RMB 3,000/mt ($457/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.56
Source: SteelHome