According to Mysteel, China's iron phosphate production totaled 306,400 tonnes in October, up 11.7% MoM. Downstream market demand continued to strengthen, with record-high lithium iron phosphate (LFP) production driving further increases in operating rates across the upstream iron phosphate sector. The operating rate of integrated plants remained at a high level, and the production scheduling of plants selling iron phosphate continued to rise.
China's iron phosphate production is estimated at 317,100 tonnes in November, up 3.5% MoM.
Written by Cora Ji, jiruyan@mysteel.com
