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

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

In brief

China’s imports of cobalt metal set a new historical high in October, surpassing the August record of 1,130 tonnes. The higher imports in October compared with September is mainly due to new buying in August-September by speculative investors and traders who intended to lock in decent import profits from the Chinese domestic cobalt price over its European equivalent China’s imports of cobalt intermediates, the mainstream cobalt raw material for cobalt smelters, hit this year’s high...

Published

Susan Zou

Carrie Shi

Sybil Pan

Sally Zhang

November 26, 2020

10:29 GMT

Shanghai, Beijing