China's lithium iron phosphate (LFP) production was up 11.62% MoM at 355,800 tonnes in September. September, a traditional peak season, saw robust performance in both the power and energy storage sectors, with market orders growing rapidly. Most companies maintained full production, and some LFP enterprises commenced operations at new production facilities in September.
China's Lithium iron phosphate production in October is forecast to rise further to 373,800 metric tonnes, up 5.06% month-on-month. The primary growth is attributed to production ramp-ups at certain LFP manufacturers and the validation and introduction of new products, while the majority of firms maintained stable and high operating rates in their production schedules.
Written by Cora Ji, jiruyan@mysteel.com
