Local Chinese Molybdenum and ferromolybdenum prices - week 42

Friday, 18 October 2019 17:42:32 (GMT+3)   |   Shanghai
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,790/mt

($252/mt)

-RMB 140/mt

(- $21/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 124,000/mt

($17,465/mt)

- RMB 4,000/mt

(-$640/mt)

Ex-works

 

The local Chinese market price includes 13 percent VAT.  

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes. 

$1 = RMB 7.10

Source: SteelHome

 


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