Home / Metal News / Nickel / SMM EMM Weekly Price Review and Forecast (Jun. 9-13, 2014)
SMM EMM Weekly Price Review and Forecast (Jun. 9-13, 2014)
Jun 9,2014 16:35CST
price review forecast
Source:SMM
EMM producers in China raised offers to RMB 12,500-12,600/mt in the week ending June 8, driven by tight supply.

SHANGHAI, Jun. 9 (SMM) – EMM producers in China raised offers to RMB 12,500-12,600/mt in the week ending June 8, driven by tight supply. Rising EMM prices allowed raw material prices to go up as well. Mining companies in Huayuan, Hunan, raised manganese ore offers by RMB 30/mt. Manganese ore prices in Songtao and Xiushan remained stable, but are poised to rise.

SMM believes EMM prices should level off this week, with mainstream traded prices expected between RMB 12,500-12,600/mt.
 

China EMM prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news