Platts includes in bonded warehouse Shanghai in its Global Moly Oxide Daily Dealer assessment specifications

Platts, part of S&P Global Energy, has started including 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.

The incoterm and location bases reflected in the global assessment are now 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 had previously consulted on the inclusion of in-bonded warehouse Shanghai as an additional base location on Feb. 27, 2026 and proposed its inclusion on May 21, detailed in a subscriber note available here.

The consultation had been extended to June 30, with further details available here.

Please send all feedback, comments, and questions 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.