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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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Platts Report: China oil demand rises 2.9% in October from year ago, YTD up 2%

Green Car Congress

million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. Platts calculates China’s apparent or implied oil demand on the basis of crude throughput volumes at the domestic refineries and net oil product imports, as reported by the NBS and Chinese customs. year over year to 42.65

Oil 268
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China on track for 12million vehicles

Green Cars News

If you’re still not taking China’s push to become a major automotive power seriously, then this statistic is sure to give you food for thought: according to an official with the National Development and Reform Commission (NDRC), the country is on track to produce a record 12million vehicles this year.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%. Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models.

Economy 52