Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,170-1,190/mt ($187-190/mt) |
-RMB 10/mt ($2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 81,000/mt ($12,960/mt) |
-RMB 2,000/mt ($320/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.25
Source: SteelHome