Molybdenum and ferromolybdenum prices in China - week 3

Friday, 18 January 2019 17:33:46 (GMT+3)   |   Istanbul
       

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,460/mt

($216/mt)

-  RMB 80/mt

(- $36/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 100,000/mt

($14,771/mt)

- RMB 7,000/mt

(- $1,784/mt)

Ex-works

 

The local Chinese market price includes 16 percent VAT.  

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes. 

$1 = RMB 6.77

Source: SteelHome


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