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

Platts, part of S&P Global Energy, will include in bonded warehouse Shanghai as a base location in its global molybdenum oxide dealer (MMAYQ00) assessment specifications, effective July 8, 2026.

The 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 would better reflect global trading activity.

Under this change, 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:

Assessment name	UOM	Daily Assessment Code	Monthly Average Code	Weekly Average Code	Yearly Average Code	Month to date Code
Molybdenum Oxide Daily Dealer (Global)	$/lb Mo	MMAYQ00	MMAYQ03	MMAGQ00	MMAYQ16	MMAYQ05
Molybdenum Oxide Daily Dealer (Global)	$/mt Mo	MMBYQ00	MMBYQ03	N/A	MMBYQ16	MMBYQ05

Platts had previously consulted on the inclusion of in bonded warehouse Shanghai as an additional location on Feb. 27, 2026. The consultation has been extended to June 30, 2026. More details can be found here.

Please send any feedback, comments, and questions related to this change to platts_molybdenum@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if the 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.