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SMM EMM Weekly Price Review and Forecast (8-12 Jul. 2013)

iconJul 8, 2013 11:44
Source:SMM
SMM’s survey found that many producers in domestic major EMM producing regions are still not in operations, so the average operating rate will slip to 42%.

SHANGHAI, Jul. 8 (SMM) – SMM’s survey found that many producers in domestic major EMM producing regions are still not in operations, so the average operating rate will slip to 42%. As such, EMM prices at major producing regions are expected to stop falling this week, with mainstream traded prices holding at RMB 11,800-12,000/mt.
 

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