Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 930/mt ($140/mt) |
+RMB 10/mt ($2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 68,500/mt ($10,255/mt) |
-RMB 500/mt ($75/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.68
Source: SteelHome