Molybdenum and ferromolybdenum prices in China - week 5

Friday, 01 February 2019 16:27:13 (GMT+3)   |   Istanbul
       

Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,610/mt

($239/mt)

+  RMB 110/mt

(+ $17/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 110,000/mt

($16,320/mt)

+ RMB 3,000/mt

(+ $492/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 6.74

Source: SteelHome


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