Local molybdenum and ferromolybdenum prices in China - week 30

Friday, 30 July 2021 15:05:22 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 2,340/mt

($362.2/mt)

+ RMB 20/mt

(+ $3.3/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 160,000/mt

($24,767/mt)

+ RMB 3,500/mt

(+ $560/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 6.4602

Source: Steelhome


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