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  Carmakers in China Offer Subsidies to Spur Orders Ahead of Purchase Tax Policy Change

  (Yicai) Nov. 13 -- With China’s policy of exempting new energy vehicles from purchase tax set to be changed next year, automakers are offering to cover the charge for those buyers who place orders now.

• This Week (11.17-11.21) Overseas Lithium Highlights [SMM New Energy Overseas Weekly Highlights]

• China's Antimony Oxide Exports Fell Sharply MoM in October [SMM Data]

• General Administration of Customs: China's Tin Ore and Concentrates Imports Rose 33.51% MoM in October – Breakdown Data Overview

• U.S. September Employment Data Shows Divergence; LME Copper Fluctuated Overnight and Closed Lower [SMM Copper Morning Meeting Minutes]

  SMM Morning Meeting Minutes: LME copper opened at $10,789.5/mt overnight, initially fluctuating upward to touch a high of $10,827/mt, after which the center of copper prices gradually shifted downward, approaching the session end with a low of $10,680/mt, and finally closed at $10,686/mt, down 1.08%, with trading volume reaching 18,600 lots and open interest at 317,000 lots. The most-traded SHFE copper contract 2601 opened at 86,380 yuan/mt overnight, touched a high of 86,620 yuan/mt early in the session, then fluctuated downward and closed at the low of 85,920 yuan/mt by the end of the session, down 0.53%, with trading volume at 44,100 lots and open interest at 190,000 lots.