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Home / Metal News / [EMM Price] China EMM Prices to Fall Below 10,000 Yuan Next Week

[EMM Price] China EMM Prices to Fall Below 10,000 Yuan Next Week

Jul 10, 2015 17:35

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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China EMM prices

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Mainstream traded prices for EMM in China lost another 100-200 yuan per tonne to 10,400-10,600 yuan per tonne on July 1, due to soft demand.

Jul 1, 2015 15:41

Industry

SMM EMM Weekly Price Review and Forecast (Jun. 23-26, 2015)

EMM producers raised offers early last week, dampening buying interest.

Jun 23, 2015 13:57

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EMM prices in China rose further to around RMB 10,800/mt as of this past Friday.

Jun 13, 2015 09:06

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EMM prices in China rose to RMB 10,500/mt on June 5.

Jun 8, 2015 15:03

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SMM EMM Weekly Price Review and Forecast (May. 4-8, 2015)

Mainstream traded prices for EMM in China fell further to RMB 10,800/mt in the week ending April 30.

May 4, 2015 17:59

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

Mar 9, 2015 17:09

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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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MM in China was largely offered between RMB 11,800-12,000/mt, but was actually traded between RMB 11,800-11,900/mt.

Feb 9, 2015 13:24

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SMM EMM Weekly Price Review and Forecast (Jan. 19-23, 2015)

EMM prices in China held steady between RMB 11,800-12,000/mt in the week ending January 16.

Jan 19, 2015 15:22

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[EMM Price] China EMM Prices to Fall Below 10,000 Yuan Next Week

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