Local molybdenum and ferromolybdenum prices in China - week 33

Friday, 14 August 2020 16:33:07 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

  RMB 1,260/mt  

($182/mt)

+ RMB 20/mt

(+$4/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 89,000/mt

($12,823/mt)

 + RMB 2,000/mt  

 (+$288/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 6.9405

 

Source: SteelHome


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