Local molybdenum and ferromolybdenum prices in China - week 48, 2024 

Friday, 29 November 2024 15:27:38 (GMT+3)   |   Istanbul

Product

Price

Price change

Sales term

45% molybdenum ore (Liaoning)

RMB 3,660/mt

($509/mt)

-RMB 40/mt

(-$5/mt)

Ex-works

FeMo60 ferromolybdenum (Liaoning)

RMB 238,000/mt

($33,107/mt)

-RMB 3,000/mt

(-$368/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 7.1887

Source: Steelhome

ElifKefeli
Elif Kefeli
Editor
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I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

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