Local molybdenum and ferromolybdenum prices in China - week 32

Friday, 13 August 2021 15:02:05 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 2,390/mt

($368.8/mt)

+ RMB 50/mt

(+ $6.8/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 165,000/mt

($25,463/mt)

+ RMB 2,500/mt

(+ $318/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 6.4799

Source: Steelhome


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