The "anti-rat race" policy continues to stimulate a rebound in the commodity market.  

According to the latest data from the General Administration of Customs, China imported 11,476.7 mt of husk charcoal in June 2025, down 1% MoM and 9% YoY. The average import price of husk charcoal in June was $652.95/mt. The average import price in May was $593.18/mt, indicating a 10% MoM increase in the average import price of husk charcoal.

Western manufacturers face new hurdles as Beijing's new export licensing requirements for eight crucial EV battery technologies potentially disrupt global supply chains and slow the transition to clean energy.

To promote the recycling of renewable resources and standardize the import management of recycled black mass raw materials for lithium-ion batteries and recycled steel raw materials, on June 9, 2025, the Ministry of Ecology and Environment, jointly with the General Administration of Customs, the National Development and Reform Commission (NDRC), the Ministry of Industry and Information Technology, the Ministry of Commerce, and the State Administration for Market Regulation, issued the Announcement on Regulating the Import Management of Recycled Black Mass Raw Materials for Lithium-ion Batteries and Recycled Steel Raw Materials (Announcement No.14 of 2025), which will come into effect on August 1, 2025.

[China Automobile Dealers Association: Passenger Car End-User Sales in July Expected to Reach Around 1.9 Million Units]