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Home / Metal News / Weekly Review and Forecast on China EMM Market

Weekly Review and Forecast on China EMM Market

Feb 25, 2011 17:14

Source:SMM

SHANGHAI, Feb. 25 (SMM) -- Upward momentum of EMM prices may weaken under the context of gradual ample supply, higher operating rates and weak downstream demand. However, high costs and relatively low operating rates still will prevent EMM prices from slipping. In this context, SMM believes that EMM prices will move around RMB 20,000/mt in the following week.

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EMM

manganese

minor metal

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The average spot prices of EMM in main producing areas fell by 500 yuan/mt to 15,000-17,300 yuan/mt compared with the average prices before the Qingming festival, and the average prices of FOB fell by $100/mt to $2,500-2,800/mt.

Apr 6, 2022 11:32

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SMM Review of Domestic and Overseas EMM Market

As of March 25, the average EMM prices across the major EMM producing regions fell by 3,500 yuan/mt on the week, with mainstream prices ranging between 18,000-22,000 yuan/mt. The overall decline eased in the second half of last week, with a cool atmosphere for supply and demand negotiations.

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SMM Insight

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According to SMM statistics, the total supply of EMM in November was 91,300 mt, a decrease of 5% from the previous month. At the beginning of December, both supply and demand in the manganese market were weak, and the decline in the social inventories slowed down.

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EMM Prices Increased MoM in November and May Stabilise in Short Term

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The average EMM prices across the three major EMM producing (Songtao in Guizhou, Huayuan in Hunan, and Xiushan in Chongqing) and Guangxi stood at 40,000-40,500 yuan/mt last week, down 1,250 yuan/mt from a week ago.

Nov 26, 2021 16:05

SMM Insight SMM Comments

Manganese Market Releases Information on Suspension of Production

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Industry

China’s EMM Spot Prices Likely to Stand High Before National Day Holiday

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