Local molybdenum and ferromolybdenum prices in China - week 41

Friday, 09 October 2020 16:15:33 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,390 /mt

($205/mt)

- RMB 20/mt

(-$2/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 95,000/mt

($14,013/mt)

- RMB 1,500/mt

 (-$146/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 6.7796

 

Source: SteelHome


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