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SMM EMM Weekly Price Review and Forecast (Sept. 9-12, 2014)

iconSep 9, 2014 11:24
Source:SMM
Most EMM (flake) producers sold under long-term contracts and held offers between RMB 12,700-12,800/mt in the week ending September 5.
SHANGHAI, Sept. 9 (SMM) – Most EMM (flake) producers sold under long-term contracts and held offers between RMB 12,700-12,800/mt in the week ending September 5. EMM available for sale in spot markets was limited, allowing large producers to hold offers firm at RMB 13,000/mt. SMEs held offers at RMB 12,900/mt. 
 
EMM prices are expected hold stable this week, underpinned by cost support and ample orders. 
 
China EMM prices

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