Molybdenum and ferromolybdenum prices in China - week 29

Friday, 19 July 2019 17:45:56 (GMT+3)   |   Istanbul
       

Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,840/mt

($267/mt)

+ RMB 30/mt

(+ $4/mt)

+ RMB 1,000/mt

(+$170/mt)

 FeMo60 ferromolybdenum (Liaoning)

RMB 125,000/mt

($18,169/mt)

+ RMB 5,000/mt

(+$702/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 6.88

Source: SteelHome


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