Local molybdenum and ferromolybdenum prices in China - week 24, 2024

Friday, 14 June 2024 16:22:44 (GMT+3)   |   Istanbul

 

Product

Price

Price change

Sales term

45% molybdenum ore (Liaoning)

RMB 3,850/mt

($541/mt)

+ RMB 20/mt

(+$2/mt)

Ex-works

FeMo60 ferromolybdenum (Liaoning)

RMB 253,000/mt

($35,558/mt)

-

(- $23/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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