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Apr 17, 2024 | 
fastmarkets.com | Charlotte Price |Sybil Pan |Carrie Shi |Yiwen Ju |Zihao Li
Australianminer Pilbara Minerals and US-based miner Albemarle have both conducted online bidding events for spot sales of their spodumene in the past month to raise transparency of prices in the spodumene market. Pilbara Minerals had accepted an offer for 5,000 dry metric tonnes (dmt) of spodumene concentrate at $1,106 per dmt on a SC5.5 CIF China basis made before an auction scheduled for March 18 on the company’s digital platform Battery Material Exchange.
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Apr 15, 2024 | 
metalbulletin.com | Carrie Shi |Sybil Pan |Yiwen Ju
Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> The key discussion topics across the battery raw materials sector ahead of Fastmarkets' Asian Battery Raw Materials conference taking place in Seoul on April 22-23. ... April 15, 2024 10:37 GMT Shanghai...
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Apr 15, 2024 | 
metalbulletin.com | Carrie Shi
Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> China’s cobalt sulfate price fell further in the week to Friday April 12 to reach the lowest level so far in 2024, amid constant downward pressure since late March due to reduced buying appetite and sufficient supply on the spot market, sources told Fastmarkets. ... April 15, 2024 10:24 GMT Beijing, Shanghai...
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Mar 25, 2024 | 
metalbulletin.com | Carrie Shi
Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> Chinese imports of cobalt intermediates rose by 118.26% year on year in the first two months of 2024, according to the latest data released by China’s General Administration of Customs (GACC) on Wednesday March 20. ... March 25, 2024 08:57 GMT Beijing...
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Mar 21, 2024 | 
metalbulletin.com | Carrie Shi
Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> Key data from Fastmarkets' cobalt pricing session in China on Wednesday March 20. ... March 21, 2024 09:38 GMT Shanghai, Beijing...
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Feb 22, 2024 | 
metalbulletin.com | Carrie Shi
Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> Key data from Fastmarkets' cobalt pricing session in China on Wednesday February 21. ... February 22, 2024 12:19 GMT Beijing Download the latest Daily and Magazine....
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Nov 27, 2023 | 
fastmarkets.com | Sybil Pan |Carrie Shi |Yiwen Ju |Zihao Li
China’s lithium prices have been mostly trending down so far this year amid weak consumer demand and oversupply, and market participants have said they widely expect this weakness to persist into the first quarter of 2024. However, the bottom for lithium prices is dependent on how low the price of spodumene – an important feedstock for lithium salts production – will be, sources said. “Given that near-term demand for lithium remains lackluster, lithium prices would remain weak.
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Jul 18, 2023 | 
fastmarkets.com | Sybil Pan |Carrie Shi |Ruby Liu |Yiwen Ju |Zihuan Pan |Zihao Li
Car manufacturers in China produced 2.56 million units in June, up by 9.8% from May and up 2.5% compared with June 2022. Sales increased by 10.1% month on month and by 4.8% year on year to 2.62 million units – the highest monthly sales figure since 2022, according to the China Association of Automobile Manufacturers (CAAM) data released on Tuesday July 11.
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Jun 21, 2023 | 
fastmarkets.com | Carrie Shi |Yiwen Ju |Zihao Li
The joint announcement was made by the country’s Ministry of Finance, State Taxation Ministration and Ministry of Industry and Information Technology on Wednesday June 21. The existing NEV tax exemption was due to end on December 31, 2023. China’s purchase tax exemption on NEVs will remain in place between January 1 2024, to December 31 2027. Between January 1 2024 to December 31 2025, the total exemption amount per unit will not exceed 30,000 yuan ($4,179).
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Jun 15, 2023 | 
fastmarkets.com | Sybil Pan |Carrie Shi |Ruby Liu |Yiwen Ju |Zihuan Pan |Zihao Li
Car manufacturers in China produced 2.33 million units in May, up by 9.4% from a month earlier and 21.1% higher year on year. Meanwhile, sales increased by 10.3% month on month and by 27.9% year on year to 2.38 million units, according to CAAM data released on Friday June 9. The whole auto sector has been recovering moderately since April though pressure persists. The consumption promotions measures adopted by many regions in China during the May Day holiday contributed to the market recovery.
