Local molybdenum and ferromolybdenum prices in China - week 49, 2023   

Friday, 08 December 2023 14:03:06 (GMT+3)   |   Istanbul
       

Product   

Price   

Price change   

Sales term   

45% molybdenum ore (Liaoning)   

RMB 2,970 /mt 

($418/mt) 

- RMB 60/mt 

(- $8/mt) 

Ex-works 

FeMo60 ferromolybdenum (Liaoning)   

RMB 203,000/mt 

($28,542/mt) 

- RMB 7,000 /mt 

(-$992/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 7.1123 

Source: Steelhome 


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