China Battery-grade manganese sulphate Output In September And Forecast For October

SHANGHAI, Oct 10 (SMM) –

China produced 22,000 mt of high-purity manganese sulphate in September, up 13.4% MoM. The increase in the production was mainly due to two factors. One was that more ternary precursor producers picked up high-purity manganese sulphate ahead of the Mid-Autumn Festival and the National Day holiday, resulting in an increase in scheduled production of high-purity manganese sulphate makers. The other one was that higher operating rate of high purity manganese sulphate producers to improve safety stocks, given low inventory of low-priced high purity manganese sulphate. In a word, the operating rates of most high-purity manganese sulphate makers increased in September.

With a significant drop in inventory for two consecutive months, most high-purity manganese sulphate producers will be willing to keep operating rate high in October. At the same time, bolstered by typically year-end production rush to be seen in November, ternary precursor makers will have more demand for high-purity manganese sulphate in October. It is expected that high-purity manganese sulphate output in October will be 25,500 mt in physical content, up 15.91% MoM.