Molybdenum and ferromolybdenum prices in China - week 21

Friday, 24 May 2019 17:35:13 (GMT+3)   |   Istanbul
       

Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,800/mt

($261/mt)

-

(+$1/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 121,000/mt

($17,536/mt)

- RMB 1,000/mt

(-$120/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 6.90

Source: SteelHome


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