Local molybdenum and ferromolybdenum prices in China - week 19

Friday, 14 May 2021 11:38:15 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,850/mt

($287/mt)

+ RMB 130

(+$21/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 125,000/mt

($19,372/mt)

+ RMB 7,000

(+$1,128/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 6.4525

Source: Steelhome


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