Luobei News Today

Read how China’s auto output and sales rose for a second straight month in June, due to central and local government stimulus measures, along with carmakers introducing new models and sales incentives to try and hit their mid-year sales targets

Read more about how the price for spherical natural graphite in China has fallen to its lowest level in June 2023 since Fastmarkets began tracking it in 2012. The question remains, what is behind this historically low price?

The markets for large flake and flake fines graphite products, on an FOB China basis, all dropped amid slow demand and a depreciation in the Chinese yuan in the week to Thursday June 1, although there were indications of a possible recovery in the CIF Europe market

Read more about how China’s automotive output and sales dropped in April 2023 versus the prior month, with both largely subdued by general caution among consumers that had been fueled by the price wars in the automotive sector during the month

The Pre-2030 Development Plan on Priorities in China-Russia Economic Cooperation, a key statement issued by the two countries during the state visit of the Chinese top leader to Russia, was directed at solving bottlenecks in the cross-border flows of goods, capital and people, and should push bilateral trade to an unprecedented level, Chinese and Russian entrepreneurs said on Thursday.

Spherical graphite is also called battery grade graphite.It is made of flake graphite concentrate,which is produced from graphite ore and is the negative electrode material used in lithium-ion batteries.

Find out how the graphite anode industry is becoming more competitive due to evolving market dynamics and falling costs for synthetic anode, against the backdrop of weaker demand, while there is increasing localization of natural graphite

Chinese ports, ranging from Suifenhe, bordering Russia in Northeast China’s Heilongjiang Province, to Gyirong, Southwest Chinas Xizang Autonomous Region bordering Nepal, have seen rising traffic since the government optimized epidemic response.

The largest and the only transportation passage of its kind on the China-Russia border river Heilongjiang River in Northeast China opened to traffic on Tuesday. The passage, which connects Luobei in Heilongjiang Province and Russia’s Amurzet, will tap into greater potential for bilateral ties as the two sides look to upgrade trade to a new level.

Graphite Miners News: June saw repeated concerns over the supply shortages of battery metals forecast for the decade ahead. Read more here.