Local molybdenum and ferromolybdenum prices in China - week 3

Friday, 20 January 2023 14:43:43 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 4,520/mt

($667.6/mt)

+ RMB 20/mt

(- $1.1/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 301,000/mt

($44,460/mt)

-

(- $270/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 6.7702

Source: Steelhome


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