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