Latest Update in the China Lithium Market

Domestic installed capacity of motive power battery was 9.0GWH  in March, up 224.8% year-on-year and 61.3% month-on-month.

A summary of the trending news of the New Energy sector.

The dollar slumped to a six-week low against major peers on Monday, with Treasury yields near their lowest in five weeks, after the U.S. Federal Reserve reiterated its view that any spike in inflation was likely to be temporary.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on April 19, 2021

The dollar fell to a four-week low against a basket of currencies on Friday, still smarting from a sharp drop in U.S. Treasury yields the previous session, and as investors increasingly bought into the Federal Reserve’s insistence it would keep an accommodative policy stance for a while longer.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on April 16, 2021

The dollar index was little changed on the day on Thursday as investors balanced bullish data showing U.S. retail sales rose by the most in 10 months in March against a continued drop in U.S. Treasury yields.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on April 15, 2021