Local molybdenum and ferromolybdenum prices in China - week 10, 2024 

Friday, 08 March 2024 14:37:13 (GMT+3)   |   Istanbul
       

Product 

Price 

Price change 

Sales term 

45% molybdenum ore (Liaoning) 

RMB 3,430 /mt 

($483/mt) 

+ RMB 40/mt

(+ $6/mt)

Ex-works 

FeMo60 ferromolybdenum (Liaoning) 

RMB 229,000/mt 

($32,263/mt) 

+ RMB 5,000/mt

(+ $740/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 7.0978 

Source: Steelhome 


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