China EMD output in October and forecast for November

Published: Nov 9, 2023 18:11

Source: SMM

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SMM data indicates China's October 2023 EMD production was 15,400 mt (1,300 mt for LMO type, 10,100 mt for alkali manganese type, 3,900 mt for zinc-carbon type), down 3.22% MoM but up 7.50% YoY. J

SMM data indicates China's October 2023 EMD production was 15,400 mt (1,300 mt for LMO type, 10,100 mt for alkali manganese type, 3,900 mt for zinc-carbon type), down 3.22% MoM but up 7.50% YoY. January-October 2023 production totaled 162,000 mt, down 33.89% YoY. The EMD production drop resulted from some leading firms pausing for maintenance, reducing the monthly operating rate. However, LMO type EMD production slightly increased due to increased downstream usage.

In November, leading EMD firms are to resume normal production. With current EMD market inventory relatively low, a slight operating rate increase is possible. Considering these factors, November EMD production is projected to be about 21,700 mt.

Output

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