Local molybdenum and ferromolybdenum prices in China - week 16

Friday, 23 April 2021 12:21:08 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,690/mt

($260/mt)

- RMB 30/mt

(-$7/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 115,000/mt

($17,710/mt)

  • RMB 1,000

(-$57/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 6.4934

Source: Steelhome


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