Will Recent EMM Price Rally Trigger Massive Production Resumptions in China?-Shanghai Metals Market

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Will Recent EMM Price Rally Trigger Massive Production Resumptions in China?

Industry News 04:21:02PM Jun 09, 2015 Source:SMM
SHANGHAI, Jun. 9 (SMM) – SMM sees recent EMM price rally not appealing enough to trigger massive production resumptions in China.
 
Some EMM producers told SMM that they might reopen when prices rise to 10,800-11,200 yuan ($1,760-1,825) per tonne. Others, however, showed no intention of restarting idled capacity in the near term.
 
EMM prices entered an upward trend in late May, and have risen to 10,600-10,700 yuan per tonne as of June 9, SMM data showed. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 
Key Words:  China EMM prices   China EMM supply    
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Will Recent EMM Price Rally Trigger Massive Production Resumptions in China?

Industry News 04:21:02PM Jun 09, 2015 Source:SMM
SHANGHAI, Jun. 9 (SMM) – SMM sees recent EMM price rally not appealing enough to trigger massive production resumptions in China.
 
Some EMM producers told SMM that they might reopen when prices rise to 10,800-11,200 yuan ($1,760-1,825) per tonne. Others, however, showed no intention of restarting idled capacity in the near term.
 
EMM prices entered an upward trend in late May, and have risen to 10,600-10,700 yuan per tonne as of June 9, SMM data showed. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 
Key Words:  China EMM prices   China EMM supply