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China’s LCO material, battery exports to decrease in May as coronavirus hits demand
Apr 23,2020 11:53CST
smm insight
Source:SMM
Demand for Chinese lithium cobalt oxide (LCO), a type of cathode material used to produce lithium batteries, could fall 40% in May, SMM estimates. This is against the backdrop of the coronavirus crisis overseas, which has led to steep declines in China’s export orders and prompted domestic smartphone makers to mull output cut.
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