Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Analysis on Reasons behind Rising EMM Prices
SHANGHAI. Jan. 18 -- Today, mainstream offers of EMM were in the RMB 15,500-15,700/mt range, and trading sentiment was moderate. Prices are expected to rise in the future due to restriction on electricity supply as well as reduced supply of EMM in the market.
It was reported that domestic EMM prices began to increase from RMB 14,000/mt on December 24th to RMB 15,600/mt on January 18th, with a growth of RMB 1,600/mt. The growth is mainly attributed to increased costs at EMM producers as well as reduced supply of goods in the market.
It was reported that costs at EMM producers grew by RMB 800-1,000/mt from December 24th to January 18th. Although costs rose significant, but rising pace of costs was still slower than rising pace of EMM prices; meanwhile, although operating rates did decline, operating rate only declined by 5-6 percentage points and remained around 69%. Therefore, supply of goods was not seriously tight.
With regard to the reason of price increases, excluding of higher costs at EMM producers, SMM believes it is mainly attributed to increased stock replenishment from downstream consumers as well as speculative funds which can not be ignore.
Copyright © SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn
Copyright © SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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- Sep15
NET ZERO CHINA Field Trip
Sep 15 - 19,2025中国
- Sep26
2025 ASIA BATTERY MATERIAL COOPERATION SALON
Sep 26 - 26,2025Time：9.26 2025 Place：Seoul， South KoreaSeoul， South Korea
- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025Emmanuel Centre，London , the United Kingdom
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.
