Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 780/mt ($122/mt) |
+RMB 10/mt ($1.5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 52,000/mt ($8,125/mt) |
+RMB 2,000/mt ($313/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.40
Source: SteelHome