Weekly Review and Forecast on China EMM Market -Shanghai Metals Market

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Weekly Review and Forecast on China EMM Market

SMM Insight 05:11:24PM Mar 04, 2011 Source:SMM

SHANGHAI, Mar. 4 (SMM) -- Supply and demand is expected to stagnate next week, and prices of EMM will be stable around RMB 19,500/mt. 

According to SMM sources, operating rates at EMM producers were negatively affected by ore supply restriction, which is particular serious at EMM producers in Xiangxi of Hunan province. Downstream stainless steel mills have replenished stocks for March production in late February. It is expected that demand will only recover from mid-March. In this context, EMM prices are expected to be stable in the following week.

 

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

Key Words:  EMM  manganese  minor metal 

Weekly Review and Forecast on China EMM Market

SMM Insight 05:11:24PM Mar 04, 2011 Source:SMM

SHANGHAI, Mar. 4 (SMM) -- Supply and demand is expected to stagnate next week, and prices of EMM will be stable around RMB 19,500/mt. 

According to SMM sources, operating rates at EMM producers were negatively affected by ore supply restriction, which is particular serious at EMM producers in Xiangxi of Hunan province. Downstream stainless steel mills have replenished stocks for March production in late February. It is expected that demand will only recover from mid-March. In this context, EMM prices are expected to be stable in the following week.

 

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

Key Words:  EMM  manganese  minor metal