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SMM analysis on China June DMC output and July forecast

iconJul 11, 2024 13:52
Source:SMM
According to SMM, China's DMC output in June was 206,000 mt, down 0.72% MoM.

According to SMM, China's DMC output in June was 206,000 mt, down 0.72% MoM. The total output in H1 was 1.1654 million mt, up 17.72% YoY. The supply slightly slowed down, and some facilities underwent maintenance in June, leading to a slight decrease in operating rates. SMM expects a slight increase in July production due to the production ramp-up of newly commissioned DMC capacity. The domestic DMC output in July is expected to reach 211,500 mt.

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