China's lithium iron phosphate (LFP) production reached 498,300 tonnes in May, an increase of 4.2% from the previous month. Market demand for orders remained strong during the month, with leading producers seeing rising toll-processing demand. Industry operating rates stayed high, though the ramp-up of some new capacity fell short of expectations due to raw material or production line issues.
Looking ahead, China's LFP production is expected to rise further to 519,300 tonnes in June, up 4.21% month-on-month. Capacity continues to ramp up in Shandong, Sichuan, and other regions, with actual commissioning progress requiring close monitoring.
