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[EMM Price] China EMM Prices to Fall Below 10,000 Yuan Next Week
Jul 10,2015 17:35CST
smm insight
Source:SMM
There is a good chance for EMM prices in China to fall below 10,000 yuan per tonne next week, Shanghai Metals Market sees.

SHANGHAI, Jul. 10 (SMM) – There is a good chance for EMM prices in China to fall below 10,000 yuan per tonne next week, Shanghai Metals Market sees. 

Downstream demand is unlikely to turn around anytime soon. Current supply glut of EMM will force some to cut prices in an effort to attract customers. 

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