Home / Metal News / SMM Weekly Forecast on China EMM Market Sept.1-3

SMM Weekly Forecast on China EMM Market Sept.1-3

iconSep 3, 2012 17:56
Source:SMM
SMM therefore expects that EMM prices may fall to RMB 12,500/mt.

SHANGHAI, Sept.3 (SMM) -- Based on result of latest SMM survey on operating rate at China EMM producer, operating rate at China EMM producers in major producing regions may climb slightly to 39% in early September, up 8% from that in late August. SMM believes that the higher operating rate is mainly due to production resumption at EMM producers in Tongren, Guizhou province.

SMM therefore expects that EMM prices may fall to RMB 12,500/mt as supply is sufficient but demand has not increased.
 

China EMM price

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn