Local molybdenum and ferromolybdenum prices in China - week 46, 2023

Friday, 17 November 2023 13:56:46 (GMT+3)   |   Istanbul

Product  

Price  

Price change  

Sales term  

45% molybdenum ore (Liaoning)  

RMB 2,880/mt

($401/mt)

- RMB 320/mt

(-$45/mt)

Ex-works

FeMo60 ferromolybdenum (Liaoning)  

RMB 192,000 /mt

($26,767/mt)

- RMB 24,000/mt

(-$3,328/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 7.1728

Source: Steelhome

DamlaTükenmez
Damla Tükenmez
Editor
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I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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