SHANGHAI, Mar 9 (SMM) - SMM data showed that in February 2023, Chinese tricobalt tetraoxide (Mn3O4) output was 13,900 mt (including 8,400 mt of electronics-grade Mn3O4 and 5,500 mt of battery-grade Mn3O4), up 15.9% MoM and 12.60% YoY. Mn3O4 output in the first two months of 2023 stood at about 25,800 mt, up 3.20% YoY. After the CNY holiday, the producers gradually resumed their operations.
The manganese salt factories hold varied opinions toward the production in March. At present, they are less willing to cut production because of acceptable profit margins. In addition, it was learned that some enterprises may increase their output due to long-term contract delivery. It is estimated that the Mn3O4 output in China will be about 14,500 mt in March.
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