SMM March 31 News:
According to SMM data, China's EMM production in March 2025 increased by over 10% MoM and over 3% YoY. The main reasons for the production increase in March were: most EMM plants focused on delivering orders from the previous year, leading to a slight rise in the operating rate. Additionally, some previously suspended EMM plants resumed production, and the number of days in the calendar month of March increased, resulting in an overall increase in EMM supply.
Entering April, a few EMM plants are expected to implement minor production cuts due to a shortage of manganese ore raw materials. The operating rates of the remaining EMM plants remain stable, so the overall monthly supply in the manganese market is expected to fluctuate within a relatively small range.
》Order to view SMM's historical price trends for manganese products
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