12 Oct 2022 | 16:11 UTC

Platts Global Molybdenum Oxide Daily Rationale - Oct. 11, 2022

Platts Metals Daily, October 11, 2022 edition, repeated erroneously the Oct. 5, 2022 daily molybdenum oxide rationale on page 5 and did not publish the rationale for Oct. 11, which follows below:

The Platts Daily Dealer Molybdenum Oxide Assessment rose to $19-$19.50/lb on Oct. 11, up from $18.30-$18.55/lb Oct. 10.

There were two deals in Europe: one at $19.20/lb DAP Europe; another at $19.70/lb in-warehouse Europe.

There were two deals at $19.60/lb in-warehouse India. In Busan and Tianjin, the market saw deals across a range of $18.65-$18.91/lb.

No market data was excluded from the assessment.

This rationale applies to database symbol: MMAYQ00.