China's Passenger Vehicle Sales Decline for 4th Month, Down 13.2% YoY in Feb 2026

Recently, Chongqing Shunbo Aluminum Alloy Co., Ltd. officially released its prospectus for a private share issuance to specific investors.The aluminum plate/sheet and strip products to be produced by this project have a wide range of application fields, mainly including battery foil stock, battery casings, can stock, aluminum semis for 3C products, and aluminum semis for tank trucks, among others, and are highly aligned with industries such as green packaging, NEVs, and ESS batteries. Through the implementation of this project, the company is expected to dedicate 40 of its aluminum plate/sheet and strip capacity specifically to the production of battery casing material and battery foil stock, in order to directly meet the urgent demand in the power battery and ESS battery markets.

According to data released by Japan’s Ministry of Finance, Japan’s import value rose 10.2% YoY in February this year, while total export value increased 4.2%. By country, Japan’s exports to the US fell 8% YoY, marking the third consecutive month of decline, with auto exports in particular down 14.8%. Meanwhile, Japan’s export value to China decreased 10.9%, while its import value surged 35.4%.

US Department of Labor data showed that the US February PPI rose 0.7% MoM, far exceeding expectations of 0.3%; the YoY increase reached 3.4%, the highest in a year, versus expectations of remaining flat at 2.9%.