Latest Update in the China Ternary Precursor and Material Market

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on February 26, 2021

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on February 25, 2021

With the advancement of the NEV industry, battery technologies has become the highlight in the New Energy Cobalt-Lithium industry, especially the solid-state battery considering its outstanding performance in energy density and safety. 

China unveiled the new Solid Waste Law and the Announcement on Matters Concerning the Comprehensive Ban on Import of Solid Waste in 2020. One of the key points in the Announcement clarified the goal of prohibiting import of solid waste in any form from 2021.

Output of tricobalt tetraoxide stood at 7,235 mt in metal content in January, up 2.6% month-on-month and 71.9% year-on-year.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on February 24, 2021

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on February 23, 2021

According to Experian's new car registration data, Tesla will surpass Audi in 2020 and become the fourth largest luxury brand in US, and is gradually approaching the top three BMW, Lexus and Mercedes-Benz.