Local molybdenum and ferromolybdenum prices in China - week 38

Friday, 23 September 2022 12:19:59 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 2,920/mt

($417.6/mt)

-

(- $3.7/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 196,000/mt

($28,032/mt)

+ RMB 1,000/mt

(+ $104/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 6.992

Source: Steelhome


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