Molybdenum and ferromolybdenum prices in China - week 31

Friday, 03 August 2018 13:48:07 (GMT+3)   |   Istanbul
       

Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,830/mt

($267/mt)

+ RMB 110/mt

(+ $14/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 138,000/mt

($20,117/mt)

+ RMB 13,000/mt

(+ $1,762/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 6.86

Source: SteelHome


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