Local molybdenum and ferromolybdenum prices in China - week 51, 2023   

Friday, 22 December 2023 10:29:46 (GMT+3)   |   Istanbul
       

Product   

Price   

Price change   

Sales term   

45% molybdenum ore (Liaoning)   

RMB 3,140 /mt 

($443/mt) 

+ RMB 130/mt 

(+ $19/mt) 

Ex-works 

FeMo60 ferromolybdenum (Liaoning)   

RMB 216,000/mt 

($30,442/mt) 

+ RMB 9,000 /mt 

(+$1.270/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 7.0953 

Source: Steelhome 


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