What Are Ferromolybdenum Prices On November 4, 2026?

Ferromolybdenum prices for November 4, 2026 moved up on all four lines published for FeMo60. The cash quotation stands at 32.7-33.3 in RMB 10,000 per tonne and the cash transaction at 32.65-33; the acceptance quotation stands at 32.9-33.5 and the acceptance transaction at 32.8-33.15. Quotations rose 0.05 and transactions 0.125 on both payment routes. What follows records the ranges as published, the grade limits behind the FeMo60 label, and what to confirm before a lot is booked. Product detail sits on the ferromolybdenum 60 page.

Table 1. Ferromolybdenum FeMo60 prices, November 4, 2026 (RMB 10,000/MT)

Scope: the four lines published for FeMo60, split by payment route (cash or acceptance bill) and by basis (quotation or transaction). The source does not state tax treatment, delivery basis or delivery point.

Note: one unit of this table is RMB 10,000 per tonne. Restated per tonne, the cash quotation reads RMB 327,000-333,000, the cash transaction RMB 326,500-330,000, the acceptance quotation RMB 329,000-335,000 and the acceptance transaction RMB 328,000-331,500. In the change column, 0.05 equals RMB 500 per tonne and 0.125 equals RMB 1,250 per tonne.

Four lines on one grade is the first thing to notice. Payment route and basis are two separate variables, so a cash transaction price and an acceptance quotation price are not the same kind of number: one carries a settlement cost, the other an asking margin. The table keeps them apart, and so does everything below.

All four lines rose on November 4, 2026, and the movements are recorded per line rather than as one figure.

• Cash quotation - up 0.05 to 32.7-33.3.
• Cash transaction - up 0.125 to 32.65-33.
• Acceptance quotation - up 0.05 to 32.9-33.5.
• Acceptance transaction - up 0.125 to 32.8-33.15.

Two features stand out. The transaction lines moved more than the quotation lines, 0.125 against 0.05, so concluded business moved further than the asking level. And the two payment routes moved by exactly the same amount on each basis, which points to the increase sitting in the metal rather than in the settlement route.

That is a description of one date. No earlier or later assessment is used here, and no direction is carried forward from a single reading.

The FeMo60 label covers three specifications, not one. In GB/T 3649-2008 all three share a molybdenum band of 60.0-65.0% and part company on impurities: silicon runs to 1.0, 1.5 and 2.0%, sulphur to 0.08, 0.10 and 0.15%, carbon to 0.10, 0.10 and 0.15%, and copper to 0.5, 0.5 and 1.0% across A, B and C.

The practical consequence is that the variant, not the label, decides whether a lot fits your heat. A shop that can absorb silicon and sulphur takes the B or C variant; one working to tight residual limits takes A. Because the published price is a single 60# line, which variant a quotation refers to is the part left to the contract.

Table 2. Chemical limits for FeMo60 and the neighbouring grades, GB/T 3649-2008 Table 1, November 4, 2026

Note: source is GB/T 3649-2008, Table 1, published 2008-08-05 and implemented 2009-04-01, a modified adoption of ISO 5452:1980. All six rows above were checked against two copies of the standard text; limits are maxima except the molybdenum range. FeMo70 carries no antimony or tin requirement in that table. Confirm the specification sheet issued by the supplier for the lot.

Read the table as a fit question rather than a price question: the three variants are quoted on one line because the assessment publishes a single 60 grade, and they differ in what the steel has to absorb. The grade behind the 60 label is set out on the ferromolybdenum properties page.

Table 3. Cash vs acceptance FeMo60 prices, November 4, 2026

The acceptance lines sit 0.2 above the cash lines on quotation and 0.15 above on transaction, which is RMB 2,000 and RMB 1,500 per tonne. That gap is what a bank acceptance draft costs to discount, so the two columns are two settlement routes for one market and not two price levels. A buyer ranking them as price levels would read a financing cost as a metal premium. Both routes moved by the same amount on the day, which is consistent with the movement sitting in the metal.

Seven items carry most of the commercial risk on a FeMo60 lot, and only one of them is visible in the price column.

• Variant and molybdenum band - FeMo60-A, FeMo60-B and FeMo60-C are not interchangeable, so name the variant and the assay basis, not only the 60 label.
• Payment route and tax - state whether the figure is cash or acceptance, and whether it is tax inclusive, because the source assessment states neither.
• Delivery basis - fix ex-works or delivered, and the delivery point, before the price is locked.
• Size group - the standard sets four groups, 10-150, 10-100, 10-50 and 3-10 mm, with oversize and undersize each capped at 5%.
• Packing - drums of 100 kg net or bags of 1,000 kg net, agreed in the contract.
• Lot consistency - the standard batches by molybdenum content with a permitted range of 3% within a lot, so ask how the lot was built.
• Assay and documents - certificate of analysis per lot, the sampling method behind it, and the documents that travel with the shipment.

The neighbouring 70 grade, quoted on a different molybdenum band, is set out on the 70 ferromolybdenum page.

Table 4. Ferromolybdenum price questions, November 4, 2026

• Four lines, one grade - FeMo60 is published on cash and acceptance routes, each with a quotation and a transaction line.
• All four rose - quotations up 0.05 and transactions up 0.125, in RMB 10,000 per tonne.
• Acceptance sits above cash by 0.2 on quotation and 0.15 on transaction, a settlement cost rather than a metal premium.
• Restated per tonne the cash quotation is RMB 327,000-333,000 and the acceptance quotation RMB 329,000-335,000.
• The 60 label covers three variants whose impurity limits differ, so the variant belongs in the contract.

Send the variant, the assay basis, the quantity, the size group, the packing and the delivery point, and ZhenAn will come back with a quotation written against your specification rather than a list price. Reach us on WhatsApp: +86 15518824805 or by Email: market@zanewmetal.com.