Local molybdenum and ferromolybdenum prices in China - week 4, 2024

Friday, 26 January 2024 14:26:14 (GMT+3)   |   Istanbul

Product 

Price 

Price change 

Sales term 

45% molybdenum ore (Liaoning) 

RMB 3,270 /mt 

($460/mt) 

-  

Ex-works 

FeMo60 ferromolybdenum (Liaoning) 

RMB 218,000/mt 

($30,672/mt) 

(-$10/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 7.1074 

Source: Steelhome


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