Latest Update in the China Rare Earth Salts Market

DCE iron ore futures declined by 2.01 % today, the main contract closed at 854.The traders' willingness to ship is more.The steel mills are more active to purchase.

Shanghai nonferrous metals closed mostly with gains in day trading.

Customs data showed that Shanghai’s foreign trade hit a record high of 681.56 billion yuan in January-February 2023, up 0.7% YoY.

According to General Administration of Customs, Chinese polysilicon imports in February 2023 were 5,943 mt.

According to a report released by the National Bureau of Statistics, China's lead output from January to February was 1.37 million mt.

SHANGHAI, Mar 23 (SMM) – After the approval of the State Council, the Customs Tariff Commission of the State Council issued an announcement on December 29, 2022, clarifying China's tariff adjustment plan for 2023, including zero tariffs on unwrought cobalt imports.

SHANGHAI, Mar 23 (SMM) – Customs data on China’s unwrought cobalt imports from January to February 2023 is shown below.

SHANGHAI, Mar 23 (SMM) – Customs data on China’s unwrought cobalt imports in February 2023 is shown below.