Local molybdenum and ferromolybdenum prices in China - week 1

Friday, 08 January 2021 14:58:44 (GMT+3)   |   Istanbul
       

Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,530 /mt

($236/mt)

+ RMB 30/mt

(+$6/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 106,500/mt

($16,469/mt)

+ RMB 3,000/mt

 (+$75/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 6.4708

Source: Steelhome


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