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![[SMM Analysis：China's Lithium Hydroxide Exports Totaled 2,876 Tonnes in October Down 56% Month-on-Month]](https://static.metal.com/price.metal.com/3.1.17/image/news-default.png)
China's Lithium Hydroxide Output Edges Up 2% MoM in November, Decline Expected in December
Processing Fees for Aluminum Billets in Southern China Approach Yearly High—Coincidence or Inevitability? [SMM Analysis] As of November 28, the processing fees of φ120 aluminum billets in South China (centered on Foshan) were quoted at 390 yuan/mt, while those of φ90 aluminum billets were quoted at 440 yuan/mt, having accumulated an increase of over 200 yuan/mt from the monthly low and approaching the annual highs of 470 and 520 yuan/mt in 2025. Although there were fluctuations in Wuxi and Nanchang, the fees also showed significant recovery from the mid-month lows. The strong performance in late November appeared to be a short-term pulse driven by the pullback in aluminum prices and concentrated restocking, but in reality, it was an inevitable outcome under the seasonal pattern of the aluminum billet market in November—short-term price pullbacks as accidental factors only acted as a "catalyst," while the core support was...
LUXEED delivers over 10,000 vehicles in November
LUXEED tops this threshold for the second straight month, while firm orders have exceeded that level for three consecutive months.
In November 2025, China's NPI production in physical terms decreased 7.34% MoM, while metal content dropped 14.14% MoM.
[SMM Analysis: National NPI Metal Content in November Dropped 14.14% MoM, Expected to Fall 9.93% MoM in December] In November 2025, national NPI production in physical terms decreased 7.34% month-on-month, while metal content declined 14.14% MoM.
