China Rare Earth Resources And Technology (000831)
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China Rare Earth Resources And Technology (000831) News
Year-on-year exports doubled! Integrated circuit and rare earth export values both surged in June.
① China's exports rose by 17.6% year-on-year in the first half of the year, with June exports surging 27.0% year-on-year; ② Integrated circuits, automobiles, ships, and rare earths performed exceptionally well, serving as key drivers of export growth.
China exported 23.593 million metric tons of refined oil products and 30,482.8 metric tons of rare earths in the first half of the year.
Gelonghui, July 14 | General Administration of Customs: China's refined oil exports totaled 23,593,000 tons from January to June; exports in June amounted to 4,361,000 tons, compared with 3,368,000 tons in May. China's rare earth exports reached 30,482.8 tons from January to June; June exports stood at 5,104.8 tons, down from 5,490.4 tons in May. China's steel exports totaled 54,874,000 tons from January to June; June exports were 10,320,000 tons, slightly lower than 10,341,000 tons in May. China exported 5,307,000 motor vehicles (including chassis) from January to June; June exports totaled 1,069,000 units, up from 988,000 units in May.
Express News | General Administration of Customs: China's rare earth imports amounted to 6,261.5 metric tons in June, compared with 6,770.2 metric tons in May.
Express News | General Administration of Customs: China imported 53,886.6 metric tons of rare earths from January to June.
Express News | General Administration of Customs: China exported 30,482.8 metric tons of rare earths from January to June.
CITIC Securities: Near-term supply expectations are weighing on lithium prices, but downstream demand is supporting a stronger-than-usual third-quarter off-season.
CITIC Securities reported that lithium prices declined sharply last week, pressured by expectations of marginally looser supply. For the third quarter, production in both July and August is expected to show sequential positive growth, suggesting a stronger-than-usual off-season and a promising peak season ahead.