Local molybdenum and ferromolybdenum prices in China - week 50

Friday, 11 December 2020 17:10:55 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,440 /mt

($220/mt)

-

(+$1/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 99,500/mt

($15,213/mt)

+ RMB 500/mt

 (+$88/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 6.5405


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