Local molybdenum and ferromolybdenum prices in China - week 46

Friday, 19 November 2021 14:36:27 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,880/mt

($294/mt)

- RMB 80/mt

(-$12/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 131,500/mt

($20,603/mt)

- RMB 5,000/mt

(-$703/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 6.3825

Source: Steelhome


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