Local molybdenum and ferromolybdenum prices in China - week 3

Friday, 22 January 2021 15:10:02 (GMT+3)   |   Istanbul
       

 

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,520 /mt

($235/mt)

- RMB 30/mt

(-$5/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 104,500/mt

($16,172/mt)

  • RMB 2,000/mt

 (-$306/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 6.4617

Source: Steelhome


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