Local molybdenum and ferromolybdenum prices in China - week 1, 2024

Friday, 05 January 2024 14:04:27 (GMT+3)   |   Istanbul
       

Product

Price

Price change

Sales term

45% molybdenum ore (Liaoning)

RMB 3,240 /mt

($456/mt)

+ RMB 70/mt

(+$13/mt)

Ex-works

FeMo60 ferromolybdenum (Liaoning)

RMB 221,000/mt

($31,114/mt)

+ RMB 4,000 /mt

(+$473/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 7.1029

Source: Steelhome


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