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22 Dec 2016 | 04:23 UTC — London
S&P Global Platts is proposing to include Tianjin, China, bonded warehouse transactional information in its daily dealer molybdenum oxide price assessment.
With increasing volumes of business reported in east Asia, this proposal is in response to market research and initial feedback from market participants. Under this proposal, Platts would include in-warehouse Tianjin transactional information in US dollars meeting the assessment specification.
Existing locations for reported prices and volumes include in-warehouse Rotterdam, CIF Japan, in-warehouse Busan, CIF India and delivered USA.
Platts proposes for this change to take place on February 1, 2017.
Please submit any feedback, comments or questions about this proposal by December 29, 2016, to Jitendra Gill jitendra.gill@spglobal.com; Andy Blamey andy.blamey@spglobal.com; HongMei Li hongmei.li@spglobal.com and pricemethodology@spglobal.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.