SMM offices will be closed from Thursday February 15 to Wednesday February 21 for the Chinese New Year holiday. There will be no news publications during this period.
China’s new subsidy policy on new-energy vehicles is set to give only limited boost to demand for cobalt and lithium as it was within industry expectations, SMM believes.
Operating rates at silicon producers in Yunnan province dropped to only 25% in January due to power shortage and high energy prices, according to SMM research.
China imported 30,655 mt of lithium carbonate in 2017, up 41% year on year, according to a report by research house Shenzhen Gaogong Industry Research (GGII).
China’s official manufacturing PMI for January stood at 51.3 points, marking the 18th consecutive month it has been above the 50-point level that separates expansion from contraction.
Chinese rare earth prices surged earlier this week following market anticipations of more active trading ahead of the Chinese New Year holiday, SMM learned.
China's domestic rare earth market saw more trading actions this week, preventing prices from falling further.
Dec 13 2017
price review forecast
Benefited from new sectors like new-energy vehicles, wind power generation and household appliance of frequency conversion, demand of rare earth permanent magnet materials keeps fast growth.
Dec 06 2017
Today, part of domestic rare earth continues to slip in price, especially for Pr-Nd oxide.
Dec 05 2017
Today Northern Rare Earth Group released its listing price of rare earth oxide in December.
Dec 04 2017
China produced 2.32 million units of passenger cars in January, up 12.7% from the same month last year, according to data from China Passenger Car Association.
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