SUBSCRIBER NOTE: Platts discontinues Japan, China molybdenum assessments

As previously announced, Platts, effective this week, has discontinued 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, Platts stopped 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 pages reflected the changes as of today. These assessments were not assigned symbols and are not being databased 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.