SMM EMM Weekly Price Review and Forecast (Jan. 12-16, 2015)

Published: Jan 12, 2015 14:25

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EMM prices in China fell further to RMB 11,800-12,000/mt in the week ending January 9.

SHANGHAI, Jan. 12 (SMM) – EMM prices in China fell further to RMB 11,800-12,000/mt in the week ending January 9. Operating rates at EMM producers changed little. Downstream consumption was sluggish following restocking before the three-day holiday.

EMM producers will produce based largely on orders. Downstream demand will remain weak. EMM prices are expected to remain at current low of around RMB 11,900/mt.

China EMM prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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