Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,320/mt ($221/mt) |
- RMB 20/mt (-$3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 93,500/mt ($15,081/mt) |
- RMB 2,000/mt (- $323/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.20
Source: SteelHome