Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,160-1,180/mt ($186-189/mt) |
-RMB 10/mt ($2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 83,000/mt ($13,280/mt) |
+RMB 2,000/mt ($320/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.25
Source: SteelHome