Chinas’ shortage of automotive chips continuing to ease
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Update time : 2021-05-24 20:22:44
According to the China Passenger Car Association, China’s retail sales volume of passenger vehicles in a narrow sense was expected to be 1.66 million in May, hiking by 3.3% compared to the same month a year ago.
Due to manufacturers' active production deployment and other measures, the impact of the shortage of chips on terminal sales is continuing to ease currently, while the recovery status of normal production and supply has been being observed.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
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