Local molybdenum and ferromolybdenum prices in China - week 33

Friday, 20 August 2021 12:21:44 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 2,430/mt

($373.9/mt)

+ RMB 40/mt

(+ $5.1/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 166,500/mt

($25,622/mt)

+ RMB 1,500/mt

(+ $159/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 6.4984

Source: Steelhome


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