Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 890/mt ($139/mt) |
-RMB 10/mt ($2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 58,000/mt ($9,077/mt) |
-RMB 4,000/mt ($626/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.39
Source: SteelHome