Subscriber note: Platts to discontinue Japan, China molybdenum assessments

Following a period of industry feedback, Platts has made a final decision to discontinue two regional, weekly price assessments for molybdenum oxide to avoid potential duplication or conflict with the global daily Molybdenum Dealer Oxide assessment. Effective April 30, 2013, Platts will stop assessing moly oxide on a CIF Japan basis and moly oxide FOB China, which are published weekly on Platts Metals Alert pages 418 and 417, respectively. These assessments were not assigned symbols and are not being data-based or published in Platts Metals Daily. The daily global Molybdenum Dealer Oxide assessment encompasses dealer-to-consumer, producer-to-dealer, dealer-to-dealer and producer-to-consumer spot business in-warehouse European ports, delivered US and CIF Japan main ports, CIF South Korean ports and CIF Nhava Sheva/Mumbai, India. Previous industry feedback revealed that Chinese molybdenum export trades are accounted for in the current global assessment. Please address any questions or feedback to Karen McBeth, +1 202 383-2110, or by email karen_mcbeth@platts.com.