Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 850/mt ($127/mt) |
+RMB 20/mt ($3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 66,000/mt ($9,925/mt) |
+RMB 3,000/mt ($451/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.65
Source: SteelHome