Japan's exports declined in June due to the impact of the COVID-19 crisis, although trade with China revealed some signs of recovery.
Exports in June 2020 dropped by 26.2% from the previous year, subsequent to a 28.3% fall in the last month of May, as per Reuters.
Exports to China declined by 0.2% in June as compared to the last year.
The global demand for automobiles and other durable goods dropped since March due to the COVID-19 triggered lockdown across several nations, forcing businesses to close and individuals to stay at home.
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
Get an insight into the lithium prices and the trends. The supply glut kept the lithium prices in check. The escalated bilateral trade dispute between the United States and China significantly impacted the lithium chemical prices.
Understand the performance of mining companies. The lithium mining companies managed to sail through the turbulent white gold market by limiting the production in correspondence with the demand from the offtake partners.