Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,260/mt ($206/mt) |
-RMB 20/mt ($3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 89,000/mt ($14,542/mt) |
-RMB 2,000/mt ($327/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.12
Source: SteelHome