Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
China EMM Market Not to See Price Gains on Weak Demand, SMM Expects
Oct 24,2014 10:55
CSTindustry news
Source:SMM
The price of EMM in China’s domestic spot market is expected to stabilize, but no gains are in sight, Shanghai Metals Market foresees.
SHANGHAI, Oct. 24 (SMM) – The price of EMM in China’s domestic spot market is expected to stabilize, but no gains are in sight, Shanghai Metals Market foresees.
EMM prices were largely in the 12,700-12,800 yuan per tonne range on Oct. 24, with no high prices heard.
Tight month-end liquidities and growing supply pressured some suppliers to cut sales prices, but a new round of bidding price from steel mills allowed cargo-holders, facing no big cash pressures, tried to hold prices stable, SMM understood.
On the downstream sector front, the price of #200 stainless steel, containing high Ni, dropped sharply with falling nickel prices, with #202 down 600 yuan/tonne. The price of products with high Mn content, by contrast, fell only slightly, according to SMM data.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
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
SMM EMM Weekly Price Review and Forecast (Jun. 23-26, 2015)
EMM producers raised offers early last week, dampening buying interest.
Jun 23, 2015 13:57CSTChina Manganese Ore Market Movement (2015-6-17)
Manganese ore prices at Chinese ports remained stable on June 17.
Jun 17, 2015 18:25CSTSMM EMM Weekly Price Review and Forecast (Jun. 15-19, 2015)
EMM prices in China rose further to around RMB 10,800/mt as of this past Friday.
Jun 13, 2015 09:06CSTSMM EMM Weekly Price Review and Forecast (Jun. 8-12, 2015)
EMM prices in China rose to RMB 10,500/mt on June 5.
Jun 8, 2015 15:03CSTSMM EMM Weekly Price Review and Forecast (Apr. 13-15, 2015)
One large EMM producer sold at heavy discount against cash crunch.
Apr 13, 2015 15:06CSTSMM EMM Weekly Price Review and Forecast (Apr. 7-10, 2015)
EMM prices in China fell in the week ending April 3, but at a slower pace.
Apr 7, 2015 16:07CSTSMM EMM Weekly Price Review and Forecast (Mar. 23-27, 2015)
EMM in China was largely quoted between RMB 11,600-11,700/mt in the week ending March 20.
Mar 23, 2015 15:59CSTSMM EMM Weekly Price Review and Forecast (Mar. 9-13, 2015)
EMM in China traded lower to RMB 11,700-11,900/mt in the week ending March 6.
Mar 9, 2015 17:09CSTMOST POPULAR
data analysis
price review forecast
industry news
China Metals Market
Back to old version
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.