Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 950/mt ($148/mt) |
-RMB 30/mt ($5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 62,000/mt ($9,688/mt) |
-RMB 1,000/mt ($156/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.40
Source: SteelHome