Local molybdenum and ferromolybdenum prices in China - week 45

Friday, 06 November 2020 17:56:56 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,410 /mt

($213/mt)

+ RMB 20/mt

(+$6/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 98,000/mt

($14,783/mt)

+ RMB 1,000/mt

 (+355$/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 6.629 

Source: SteelHome


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