Local molybdenum and ferromolybdenum prices in China - week 31

Friday, 31 July 2020 12:01:01 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,230/mt

($176/mt)

-

(+$1/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 86,500/mt

($12,391/mt)

-

 (+$66/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 6.9811

 

Source: SteelHome


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