In February, China's lithium iron phosphate (LFP) production amounted to 387,000 tonnes, a decrease of 4.53% compared to the previous month. Most manufacturers maintained normal production schedules during February, with only a few conducting production line maintenance. The fewer working days in February, combined with the Chinese New Year holiday, contributed to the decline in monthly LFP production.
China's LFP production in March is projected to rise to 446,900 tonnes, an increase of 15.48% month-on-month. After the CNY holiday, LFP producers are gradually returning to normal operations, with most expected to operate at full capacity in March. Additionally, increased shipments from certain projects in Sichuan and Hubei provinces are anticipated to push the production schedules to a record high in March.
Written by Cora Ji, jiruyan@mysteel.com
