No fluctuations in the EMM market, with spot prices remaining stable for the time being [SMM EMM Daily Review]

Published: May 21, 2025 14:34

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[SMM EMM Daily Review: EMM Market Remains Stable with No Fluctuations, Spot Prices Steady] The average spot price of EMM in major producing areas is 13,450-13,600 yuan/mt, unchanged MoM; the average FOB price is 1,890-1,920 US dollars/mt, unchanged MoM. On the supply side, EMM plants are mostly fulfilling previous orders, with weak willingness to sell spot orders. EMM plant quotations remain firm, and low-priced spot cargoes are hard to find. On the demand side, downstream buyers are cautious in purchasing EMM, mostly adopting a wait-and-see sentiment. Currently, the EMM market remains stable with no fluctuations, and spot prices are operating steadily.

May 21 news: The average spot price of EMM in major producing areas was 13,450-13,600 yuan/mt, unchanged WoW; the average FOB price was $1,890-1,920/mt, unchanged WoW. On the supply side, EMM plants were mostly fulfilling previous orders, with weak willingness to sell spot orders. EMM plant offers remained firm, and low-priced supplies were hard to find in the market. On the demand side, downstream buyers were cautious in purchasing EMM and mostly held a wait-and-see sentiment. Currently, there is no fluctuation in the EMM market, and spot prices are temporarily stable.

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