Molybdenum and ferromolybdenum prices in China - week 5

Friday, 05 February 2016 11:21:53 (GMT+3)   |   Shanghai
 

 Product

Price

Weekly price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 810/mt

($123/mt)

-

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 64,000/mt

($9,741/mt)

+RMB 2,000/mt ($304/mt)

Ex-works

The local Chinese market price includes 17 percent VAT.

$1 = RMB 6.57

Source: SteelHome

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