The production of high-purity manganese sulphate decreased in October and is expected to slightly rebound in November.

In October 2024, China's production of high-purity manganese sulphate declined both MoM and YoY. In terms of supply, due to environmental protection inspections in Guangxi, a major production area for high-purity manganese sulphate, some companies temporarily halted production, leading to a significant reduction in market supply. On the demand side, the demand from downstream ternary cathode precursor companies decreased, with most companies only maintaining the execution of long-term contracts and making few spot purchases, resulting in a sluggish market inquiry. Affected by the dual impact of reduced supply and weak demand, most companies chose to cut production to avoid the risk of supply surplus and inventory buildup. It is expected that by November, some temporarily halted companies may resume normal production, and market supply is likely to return to previous levels. Overall, it is anticipated that China's production of high-purity manganese sulphate will slightly rebound in November, but the increase will be limited.