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.
No fluctuations in the EMM market, with spot prices remaining stable for the time being [SMM EMM Daily Review]
- May 21, 2025, at 2:34 pm
[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.
