Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Language: 
Weak Downstream Demand Weighs on Spot Prices [SMM EMM Weekly Review]
Apr 18, 2025 15:50Source:SMM
SMM Weekly Review: Weak Downstream Demand Pressures Spot Prices to Drop. By the end of this week, the domestic average spot price of EMM was 13,350-13,550 yuan/mt, down 50 yuan/mt WoW. The FOB price was $1,870-1,900/mt, flat WoW. According to SMM, on the supply side, EMM plants showed a strong tendency to hold back from selling, mostly maintaining a hold back from selling stance. Some EMM plants still had a willingness to sell, with offers dropping slightly. On the demand side, downstream buyers had low acceptance of high-priced EMM during the week, resulting in limited transactions in the EMM market, mostly driven by price reduction purchases.
As of this Friday, the average spot price of domestic EMM was 13,350-13,550 yuan/mt, down 50 yuan/mt MoM. The FOB price was $1,870-1,900/mt, flat MoM. According to SMM, on the supply side, EMM plants showed a strong tendency to hold back from selling, mostly maintaining a hold-back-from-selling stance. Some EMM plants still had a willingness to sell, with offers dropping slightly. On the demand side, downstream buyers had low acceptance of high-priced EMM during the week, resulting in limited transactions in the EMM market, with most purchases driven by price reductions. Click to view SMM's manganese spot offers.
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
SMM Events & Webinars
All- Apr23
2025 (20th) SMM Copper Industry Conference and Expo
Apr 23 - 25,2025Nanchang，Jiangxi，China
- May15
2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
May 15 - 25,2025Argentina & Brazil
- May20
2025 SMM ASIA METALS SEMINAR
May 20 - 20,2025Global Metals Market in Flux Geopolitics, Policies, FundamentalsNovotel Century, Hong Kong, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday 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.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
