Local molybdenum and ferromolybdenum prices in China - week 34

Friday, 26 August 2022 14:41:36 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 2,490/mt

($364/mt)

+ RMB 50/mt

(+ $5/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 170,000/mt

($24,823/mt)

+ RMB 9,000/mt

(+ $1,168/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 6.8486

Source: Steelhome


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