Local molybdenum and ferromolybdenum prices in China - week 1

Friday, 06 January 2023 14:59:11 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 4,290/mt

($622.5/mt)

+ RMB 10/mt

(+ $8.5/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 301,000/mt

($43,679/mt)

+ RMB 2,000/mt

(+ $748/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 6.8912

Source: Steelhome


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