Local Molybdenum and ferromolybdenum prices in China - week 43

Friday, 25 October 2019 11:40:49 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,770/mt

($250/mt)

-RMB 20/mt

(- $2/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 118,000/mt

($16,690/mt)

- RMB 6,000/mt

(-$775/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 7.07

Source: SteelHome


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