Institution: The battery price stabilized in November, and it is expected to rise slightly in 2025. On December 12, according to the latest research of TrendForce Jibang Consulting, in November 2024, the sales of electric vehicles in China continued to increase, which boosted the demand for power batteries, and the price of Ferrous lithium phosphate batteries remained stable, while the ternary batteries declined slightly. The demand for batteries in the energy storage market maintained the peak season characteristics, and with the price advantage of large-capacity batteries, the proportion of shipments increased. However, the average price of energy storage batteries continued to decline in November due to the slowdown in demand for orders at the end of the year. The agency expects that the price of some lithium battery materials may rise slightly in the peak season of 2025, which is expected to repair the serious losses of the company in the early stage. However, due to the fact that the relationship between supply and demand has not changed from surplus to shortage, the expected increase in material prices is limited, and battery manufacturers actively control costs, the battery price trend will be stable next year.Goldman Sachs: If the branch managers' meeting in January concludes that there is insufficient incentive for SMEs to raise wages next year, the Bank of Japan may postpone raising interest rates until March or April next year.Goldman Sachs: The Bank of Japan has not reached the level where it can judge that it has enough confidence in the future. In this case, it is expected that the Bank of Japan will keep its policy interest rate unchanged at 0.25% at its meeting in December.
Xia Yiping, CEO of Extreme Vietnam, was surrounded by employees of Extreme Vietnam in the Shanghai office. On December 12th, Xia Yiping, CEO of Extreme Vietnam, was surrounded by employees of Extreme Vietnam in the Shanghai office. Xia Yiping said: "We are actively solving the problem. I hope everyone will give some time." At present, there are relevant departments at the Shanghai headquarters of Extreme Vietnam to maintain order at the scene. (per meridian)Thai Prime Minister: Will build houses for low-income people; The government will provide soft loans for community enterprises.The employees of Extreme Vietnam discussed with CEO Xia Yiping that on the morning of December 12, CEO Xia Yiping of Extreme Vietnam was surrounded by many employees in the office of the company headquarters, and some internal employees broadcast the scene live online. The reporter learned that the employees "besieged" Xia Yiping, and there were four main demands, namely, the employees' social security, medical insurance and provident fund in October and November this year, the salary, five insurances and one gold in December this year, and the "N+1" compensation for employees on the day of resignation, and the completion of the employee settlement process. At the scene, some employees asked the company to settle their wages today because they were worried about Xia Yiping's "running away", otherwise they needed to detain Xia Yiping's ID card and passport. The reporter was informed that last night, many departments in Vietnam announced the dissolution on the spot, such as the delivery department; Some domestic stores have suspended business when they heard the news. At the same time, Xia Yiping also mentioned in his internal staff speech yesterday that employees' social security payment will be suspended in November and their wages will be delayed in December. For employees who voluntarily leave their jobs, the compensation standard given by Ji Yue is "N+1", but no specific compensation schedule is given. (Yicai)
Black hand again! The United States will raise import tariffs on solar polysilicon, silicon wafers and some tungsten products in China from the beginning of next year. The Office of the US Trade Representative issued a statement saying that the United States will raise import tariffs on solar polysilicon, silicon wafers and some tungsten products imported from China from the beginning of next year after a four-year review by the Biden administration. The tariff rate of silicon wafer and polysilicon will be increased to 50%, and the tariff rate of some tungsten products will be increased to 25%. These tariff increases will take effect on January 1, 2025. (Cailian)Daiwa Capital Market raised the target price of Tesla from $285 to $420.Increase to 6 flights per week. The Shanghai-Riyadh route of China Eastern Airlines will be encrypted soon. It was learned from China Eastern Airlines on December 12 that recently, China Eastern Airlines announced that it will encrypt the direct flight route from Shanghai to Riyadh from 3 flights per week to 6 flights per week from February 21, 2025.