Local molybdenum and ferromolybdenum prices in China - week 48, 2023   

Friday, 01 December 2023 14:09:56 (GMT+3)   |   Istanbul
       

Product   

Price   

Price change   

Sales term   

45% molybdenum ore (Liaoning)   

RMB 3,030 /mt 

($426/mt) 

+ RMB 220/mt 

(+ $32/mt) 

Ex-works 

FeMo60 ferromolybdenum (Liaoning)   

RMB 210,000/mt 

($29,534/mt) 

+ RMB 16,000 /mt 

(+$2,767/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 7.1104 

Source: Steelhome 


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