China Aims for 11.5 kWh/100km Energy Consumption in Electric Cars by 2030, MIIT Outlines Plan

Sep 21 news: North ports: 46% Australian lumps at 40.3-40.8 yuan/mtu, flat WoW; South African semi-carbonate at 33.5-33.8 yuan/mtu, down WoW; Gabonese at 39.1-39.3 yuan/mtu, down WoW; South African high-iron at 28.8-29.3 yuan/mtu, flat WoW; South African medium-iron at 35.2-35.5 yuan/mtu, down WoW. South ports: 46% Australian lumps at 42.7-43.2 yuan/mtu, flat WoW; South African semi-carbonate at 36-36.5 yuan/mtu, down WoW; Gabonese at 40.3-40.8 yuan/mtu, flat WoW; South African high-iron at 29.3-29.8 yuan/mtu, down WoW; South African medium-iron at 37.1-37.6 yuan/mtu, up WoW. Inquiry activity in the manganese ore market remains sluggish, pre-holiday stockpiling and the traditional peak season have fallen short of expectations, and port spot prices in both north and south China are broadly declining.

[State Grid: Providing Fair and Efficient Grid Connection Services for New Entities and Business Forms Such as New Energy, New-Type Energy Storage, and Generation-Grid-Load-Storage] State Grid Corporation of China has released several measures to build a modern electricity business environment and empower high-quality economic and social development. Among them, it mentioned proactively serving enterprises in energy conservation, carbon reduction, and efficiency improvement. It will deepen "power supply + energy efficiency" services, fully promote the "Enterprise Electricity Assistant," push energy efficiency bills to 100% of registered high-voltage clients on "Online State Grid," and provide free energy-saving diagnostics as well as green electricity and green certificate consulting services. It will actively support the construction of zero-carbon parks and assist export-oriented enterprises in low-carbon development through direct green electricity connections and renewable energy substitution.

This week, the phosphorus chemical sector showed clear structural divergence. Yellow phosphorus had undergone sufficient price cuts and destocking earlier, and this week it stopped falling and recovered slightly, supported by supply-side price holding and cost support, but downstream stocking remained cautious and demand had not yet recovered in substance. The phosphoric acid market saw sluggish trading, with wet-process and thermal-process cost trends diverging; coupled with the release of new capacity, the overall market moved sideways. Listing prices for industrial-grade MAP remained stable while actual transaction prices quietly declined, with weakening raw material costs dragging down the market; traditional agricultural demand was stagnant, and the market was supported only by rigid demand from the new energy sector.