January 16 News: The average spot price of EMM in major production areas was 12,400-12,500 yuan/mt, flat MoM; the average FOB price was $1,700-1,740/mt, also flat MoM. Supply side, EMM prices mostly followed the rise in manganese alloys, and the EMM market quotations appeared slightly chaotic. EMM plant quotations remained firm, with weak willingness to sell at low prices. Demand side, as transportation difficulties increased, downstream buyers slowed their EMM procurement pace. Traders were actively inquiring, and attention should be paid to the actual transaction situation in the future market.

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