SMM EMM Weekly Price Review and Forecast (Mar. 9-13, 2015)

Mar 9, 2015 17:09

EMM in China traded lower to RMB 11,700-11,900/mt in the week ending March 6.

SHANGHAI, Mar. 9 (SMM) – EMM in China traded lower to RMB 11,700-11,900/mt in the week ending March 6. Steel mills cut EMM bid prices for delivery in March. Large EMM producers held offers firm at RMB 11,900/mt, while SMEs held offers at RMB 11,700/mt. Traders were cautious about stockpiling goods out of pessimism. Export market was also depressed.

Growing supply will weigh on EMM prices this week, but cost support will help curb the downside room.

China EMM prices

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

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.

SMM EMM Weekly Price Review and Forecast (Mar. 9-13, 2015)

SMM Events & Webinars

NET ZERO CHINA Field Trip

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

2025 ASIA BATTERY MATERIAL COOPERATION SALON