Current Battery Inventory Review
In terms of power, as of the end of March 2024, the inventory for China's power battery cells stood at 123.6 GWh, with an inventory turnover ratio of 1.95 months, a decrease of 26% compared to February 2024.
This week's review of the lithium ore market situation
This week, the price of Leipidolite stabilized.
Copper rod plants using copper scrap as raw material stopped production
The average operating rate of copper rod plants using copper scrap was 31.76%, a drop of 17.44 percentage points from a week earlier, according to SMM survey of 15 plants with a capacity of 1.59 million mt/year.
Copper inventories in the domestic bonded zones increased
Copper inventories in the domestic bonded zones increased 3,000 mt from April 11 to 73,400 mt as of Thursday April 18, according to the latest SMM survey.
Copper futures prices broke through previous high amid falling US dollar
LME copper prices briefly surged and then fell back on the heels of the restrictions imposed by the UK and the US on Russian metals trading.