Market Remains Consolidated, EMM Struggles to Rise [SMM EMM Daily Review]

Published: Mar 13, 2025 17:41

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[SMM EMM Daily Review: Market Remains Consolidated, EMM Struggles to Rise] The average spot price of EMM in major production areas was 13,300-13,500 yuan/mt, flat MoM; the average FOB price was $1,845-1,875/mt, also flat MoM. Currently, the EMM market prices appear slightly chaotic, with some holders showing a strong willingness to sell at lower prices, leading to an increase in low-priced supplies in circulation. Downstream buyers of EMM have low acceptance of high-priced EMM and tend to push for lower prices in their purchases. The fundamentals of the EMM market remain unchanged, and EMM prices struggle to rise.

March 13 News: The average spot price of EMM in major production areas was 13,300-13,500 yuan/mt, flat MoM; the average FOB price was $1,845-1,875/mt, also flat MoM. Currently, the EMM market prices appear slightly chaotic, with some holders showing a strong willingness to sell at lower prices, leading to an increase in low-priced supplies in the market. Downstream buyers of EMM have low acceptance of high-priced EMM and are mostly pushing for lower purchase prices. The fundamentals of the EMM market remain unchanged, and EMM prices struggle to rise.

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