34.8% Operating Rates at EMM Producers at Tongren in Guizhou Province -Shanghai Metals Market

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34.8% Operating Rates at EMM Producers at Tongren in Guizhou Province

SMM Insight 12:03:45PM Jun 17, 2010 Source:SMM

SHANGHAI, Jun. 17 (SMM) -- SMM conducted a survey of operating rates at 13 EMM producers with total capacity of 173,000 mt/yr at Songren region in Guizhou province, and the surveyed producers covered 60% capacity at Tongren region in Guizhou province. According to the results of the survey, operating rates at that region were only 34.8% as most EMM producers had already halted production, which is due to the fact that the sluggish market condition and the possible higher electricity prices may push cost at EMM producers higher than costs.

To contact the writer on this report: jianghanmei@smm.cn


 
Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

 

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#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

34.8% Operating Rates at EMM Producers at Tongren in Guizhou Province

SMM Insight 12:03:45PM Jun 17, 2010 Source:SMM

SHANGHAI, Jun. 17 (SMM) -- SMM conducted a survey of operating rates at 13 EMM producers with total capacity of 173,000 mt/yr at Songren region in Guizhou province, and the surveyed producers covered 60% capacity at Tongren region in Guizhou province. According to the results of the survey, operating rates at that region were only 34.8% as most EMM producers had already halted production, which is due to the fact that the sluggish market condition and the possible higher electricity prices may push cost at EMM producers higher than costs.

To contact the writer on this report: jianghanmei@smm.cn


 
Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn