China Lithium Market Dynamics & Lithium Procurement Study

China Lithium Market Dynamics and Lithium Procurement Study

Battery Recycling Technology Understanding

Solid State Battery Market

   China Scrap Steel Quality Analysis 

China Scrap Steel Cost Curve

Home

Metal News

Briefing on Domestic Manganese Market (2010-1-25)

2024 SMM (19th) Aluminium Conference & the First Aluminium Industry Expo

CLNB 2024 9TH CHINA NEW ENERGY EXPO

Indonesia Nickel & Cobalt & EV Industry Conference 2024

ASEAN Tin Industry Conference 2024

ASEAN Coal Industry Conference 2024

ASEAN Aluminium Industry Conference 2024

2024 ASEAN Automotive Supply Chain

2024 Global Renewable Metal Industry Chain Summit

2nd Li-ion Battery Europe 2024

NET ZERO EUROPE - Solar & Energy Storage Summit

Rio Alcan CEO: Aluminium Demand to Rebound in 3 Years

SHANGHAI, Jan. 25 (SMM)&nbsp;-- Today, mainstream offers of EMM were in the RMB 15,100-15,200/mt range. Prices have been kept on declining, but small and medium sized traders and downstream stainless steel mills still adopted a wait-and-see attitude.
It was reported that domestic EMM prices had been climbed for nearly 20 days and have been declined since Tuesday of last week. Currently, domestic EMM prices declined from RMB 15,600/mt to RMB 15,100/mt temporarily. SMM believes fundamentals of EMM haven't changed much within recent one month, and current wide fluctuation of EMM prices are closely related to speculative funds from medium and large traders.
It was reported that current EMM prices were almost near cost line at EMM producers without their own mines, but downstream stainless steel mills as well as small and medium sized traders haven't made purchase yet. Most #200 stainless steel mills told that current stainless steel market was sluggish and&nbsp;mills were planning to be off on holiday in advance, so they would only make purchase to meet&nbsp;demand for one-week's production and would not make purchase in a large amount. However, small and medium sized traders told that large traders hold a large amount of goods on hand at present and prices would continue to fall if they sell goods in a large amount, so they'd prefer to adopt a wait-and-see attitude before making any purchasing plan.
&nbsp;
Copyright &copy; 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: <a href="mailto:service.en@smm.cn">service.en@smm.cn</a>
 
&nbsp;

Copper May Reach $10,000 on China Demand, HFZ Capital Says 

Briefing on Domestic Manganese Market (2010-1-25) | Shanghai Non ferrous Metals

Briefing on Domestic Manganese Market (2010-1-25)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit