Open consultation on annual methodology review for ferro-molybdenum in-whs Rotterdam; molybdic oxide in-whs Rotterdam, Busan

Fastmarkets is inviting feedback from the industry on the pricing methodology for ferro-molybdenum 65% Mo min, in-whs Rotterdam, $/kg Mo; molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam, $/lb Mo; and molybdenum MB drummed molybdic oxide Mo, in-whs Busan, $/lb, as part of its annual methodology review process.

This consultation, which is open until April 28, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

You can find the current methodology for these price assessments here https://www.fastmarkets.com/methodology/metals/non-ferrous/

The prices under review are:

MB-FEO-0001 Ferro-molybdenum 65% Mo min, in-whs Rotterdam, $/kg Mo
MB-FEO-0003 Molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam, $/lb Mo
MB-FEO-0004 Molybdenum MB drummed molybdic oxide Mo, in-whs Busan, $/lb

Please send responses in writing, preferably in electronic format, to the following address: pricing@fastmarkets.com. Please add the subject heading ‘FAO Claire Patel-Campbell, ferro-molybdenum and molybdic oxide annual review, 2025’. Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by Friday May 2, including a summary of the feedback – with the exception of those responses marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is.

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
The publication of Fastmarkets’ price assessments of steel hot-rolled coil index domestic, exw Italy and steel hot-rolled coil index domestic, exw Northern Europe for Wednesday April 22 was delayed due to a reporter error. The Fastmarkets pricing database has been updated.
The proposed methodology update will reflect the following: AG-UCO-0015 Used cooking oil, flexi-tank, fob China, $/tonneQuality: Free fatty acids (FFA) max. 15%, moisture, impurities and unsaponifiable matter (MIU) max 2%, iodine value (IV) min. 80 g iodine/hg, sulfur content max. 50 ppmQuantity: Minimum 500 tonnesLocation: China, fobTiming: Shipment within 45 days following date of saleUnit: USD/tonnePublication: Daily, 4:30pm Singapore time AG-UCO-0014 […]
We explain the severe Asia energy shock impact on markets. Learn why Asian paper and board energy costs are climbing rapidly and how you can protect your business today.
The assessment dates for both prices have been corrected to March 1 to accurately reflect the March pricing period, in alignment with the methodology. These markets are always listed against the first of the month in which they are applicable to. The published prices are unaffected by this change. This price is a part of […]
China's Tsingshan Holding Group is in talks with potential project partners about building another aluminium smelter in North Maluku, Indonesia, sources told Fastmarkets in the week to Thursday April 16.
Osaka, Japan-headquartered Daikin Industries, the world’s largest air conditioner manufacturer, is partnering with Shin-Etsu Chemical, Hitachi and Tokyo Eco Recycle to recover and recycle rare earth magnets from compressors starting in 2027, the companies said in a joint statement on Tuesday April 14.