Local molybdenum and ferromolybdenum prices in China - week 8, 2024 

Friday, 23 February 2024 12:00:52 (GMT+3)   |   Istanbul

Product 

Price 

Price change 
(Feb. 9)

Sales term 

45% molybdenum ore (Liaoning) 

RMB 3,340 /mt 

($470/mt) 

+ RMB 70/mt

(+ $10/mt)

Ex-works 

FeMo60 ferromolybdenum (Liaoning) 

RMB 224,000/mt 

($31,521/mt) 

+ RMB 6,000/mt

(+ $833/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 7.1064 

Source: Steelhome 


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