Metals & Mining Theme, Ferrous, Non-Ferrous

November 07, 2025

Platts corrects Nov 6 Molybdenum Oxide daily Dealer (Global) assessment, corresponding rationale and commentary

Platts, part of S&P Global Commodity Insights, has corrected the Molybdenum Oxide daily Dealer (Global) assessment, rationale and commentary published Nov. 6, 2025.

The correct assessed price is as follows:

AssessmentSymbolDateCorrected Value ($/lb Mo)
Molybdenum Oxide Daily Dealer (Global) $/lb Mo containedMMAYQ00Nov. 6$23.10

The correct assessed range is as follows:

AssessmentSymbolDateLowHigh
Molybdenum Oxide Daily Dealer (Global) $/lb Mo containedMMAYQ00Nov. 6$23.00$23.20

The following price assessments and calculations were also corrected:

AssessmentSymbolDateCURR/UOMPrices
Molybdenum Oxide Daily Dealer (Global) $/mt Mo containedMMBYQ00Nov. 6$/mt Mo contained50,926.722
Molybdenum Oxide Daily Dealer (Global) MTD $/lb Mo containedMMAYQ05Nov. 6$/lb Mo contained23.638
Molybdenum Oxide Daily Dealer (Global) MTD $/mt Mo containedMMBYQ05Nov. 6$/mt Mo contained52,111.706

The related Platts Global Molybdenum Oxide Daily Rationale should read:

"The Platts Daily Dealer Molybdenum Oxide assessment was $23.10/lb Mo on Nov. 6, down from the previous assessment on Nov. 5 at $23.40/lb Mo.

The assessed range on Nov. 6 was $23.00–$23.20/lb Mo.

Deals were reported at $23.00-$23.20/lb Mo in-warehouse Busan.

No data was excluded from the assessment.

Platts is part of S&P Global Commodity Insights.

This rationale applies to data code MMAYQ00."

Platts would like to clarify that the published Molybdenum commentary on Nov 6 published in Metals Daily, the second paragraph should read "Platts assessed the Molybdenum Oxide Daily Dealer price at $23.10/lb Mo on Nov. 6, down from the previous assessment on Nov. 5 at $23.40/lb Mo, with a range at $23-$23.20/lb Mo."

The fourth paragraph of the commentary should read: "A FeMo tender on the Chinese domestic market was reportedly booked second hand below Yuan 250,000/mt, while molybdenite concentrate was heard below the Yuan 4,000/mt mark. Oxide was offered at $23.05-$23.50/lb Mo in-warehouse Busan and Tianjin, but deals were reported at $23-$23.20/lb Mo in-warehouse Busan."

The Platts Molybdenum Oxide daily Dealer (Global) assessment is published on Metals Daily, under the symbols listed above, and in the fixed pages PMA0398, MTL0398, STL0398.

Please send all comments and questions to metals_platts@spglobal.com and pricegroup@spglobal.com.