IN FIGURES: China's battery raw materials imports in September 2020

A summary of China's battery raw materials imports for September 2020.

In brief

Cobalt metal imports dropped in September from the prior month but volumes remained at a comparatively high level due to increased buying interest early in the third quarter, driven by decent import profits owing to the premium held by Chinese domestic cobalt metal over European material. This premium narrowed late in the third quarter. Imports of cobalt intermediates fell significantly in September after spot buying appetite waned in July following earlier restocking in May and June; at the same time, logistical disruptions following Covid-19-related lockdowns in South...

Published

Carrie Shi

Sybil Pan

October 27, 2020

07:20 GMT

Beijing, Shanghai