Local molybdenum and ferromolybdenum prices in China - week 47, 2023

Friday, 24 November 2023 13:47:50 (GMT+3)   |   Istanbul

Product   

Price   

Price change   

Sales term   

45% molybdenum ore (Liaoning)   

RMB 2,810/mt 

($394/mt) 

- RMB 70/mt 

(-$7/mt) 

Ex-works 

FeMo60 ferromolybdenum (Liaoning)   

RMB 194,000 /mt 

($26,767/mt) 

+ RMB 2,000/mt 

(+$499/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 7.1151 

Source: Steelhome 

BoraKadıoğlu
Bora Kadıoğlu
Editor
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I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

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