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.

Fastmarkets proposes to increase the frequency of its Rotterdam and Busan molybdic oxide and ferro-molybdenum prices to daily from twice weekly.

The future is clouded for molybdenum markets into the end of 2023 and beyond, sources have suggested, as uncertainties persist around concentrates production and consumption, with the potential for knock-on effects on molybdic oxide and ferro-molybdenum. As LME Week approaches, Fastmarkets take a deep dive into production dynamics

Following a 30-day consultation period, Fastmarkets has amended the minimum accepted tonnage for data collection of United States ferro-molybdenum and molybdic oxide from 10 tonnes to five tonnes.

Fastmarkets proposes to amend the minimum accepted tonnage for data collection of US ferro-molybdenum and molybdic oxide from 10 tons to 5 tonnes.