Platts proposes to include in-bonded warehouse Shanghai in its Global Moly Oxide Daily Dealer assessment specifications

Platts, part of S&P Global Energy, is proposing to include in-bonded warehouse Shanghai as a base location in its global molybdenum oxide dealer (MMAYQ00) assessment specifications, effective July 1, 2026.

The proposed inclusion of in-bonded warehouse Shanghai in the global molybdenum oxide assessment follows recent market feedback and observations that bonded warehouses in Shanghai were increasingly used as a base location for delivery of molybdenum oxide powder traded in the North Asia spot market, and its inclusion reflects global trading activity.

Market indications show pricing at this location is at parity to in bonded warehouse Tianjin, China, which is already a location reflected in the global assessment.

Under this proposal, the incoterm and location bases reflected in the global assessment would be as follows:

• In bonded warehouse Shanghai, China
• In bonded warehouse Tianjin, China
• In-warehouse (IW) Rotterdam, Netherlands
• IW Busan, South Korea
• IW US
• CIF Nhava Sheva/Mumbai, India
• CIF Japan

The assessments impacted by the change include:

Platts invites feedback, comments, and questions related to this proposal to platts_molybdenum@spglobal.com and pricegroup@spglobal.com by June 19, 2026.

Platts had previously consulted on the inclusion of in bonded warehouse Shanghai as an additional location on Feb. 27, 2026. More details can be found here.

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