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Weekly Review and Forecast on China EMM Market
Feb 25,2011 17:14CST
smm insight
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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