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Home / Metal News / SMM EMM Weekly Price Review and Forecast (Feb. 2-6, 2015)

SMM EMM Weekly Price Review and Forecast (Feb. 2-6, 2015)

Feb 2, 2015 15:12

Source:SMM

EMM traded between RMB 11,800-12,000/mt in the week ending January 30, with most deals done at the lower end of the price range.

SHANGHAI, Feb. 2 (SMM) – EMM traded between RMB 11,800-12,000/mt in the week ending January 30, with most deals done at the lower end of the price range. Stainless steels began bid invitation to buy EMM, but this did not give a boost to EMM prices. Inquiries from traders were thin. #200 steel mills were pushing for lower input prices against tight cash.

EMM prices are expected to fall slightly to RMB 11,800-11,900/mt this week due to weakening demand.

China EMM prices

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SHANGHAI, Mar 31 (SMM) - As of March 31, the average spot EMM price in China’s main producing areas was flat from yesterday at 17,000 yuan/mt, and the FOB price was also unchanged at $2,700-2,90/mt.

Mar 31, 2022 13:20

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EMM in China was largely offered between RMB 11,800-12,000/mt after the Chinese New Year holiday, unchanged from pre-holiday levels.

Mar 2, 2015 15:23

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SMM EMM Weekly Price Review and Forecast (Feb. 2-6, 2015)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit