LiPF6 Output Dropped Sharply due to Production Halts in March

SHANGHAI, Apr 21 (SMM) – In March, some LiPF6 plants halted production due to weaker-than-expected demand growth, continuous accumulation of inventories and market pessimism over April, Most of the production halts occurred in the second half of the month.

In April, enterprises that have suspended production are not expected to resume for the time being, and most of the enterprises in production will maintain ultra-low operating rates.

The output in April is expected to be 4,144 mt, a decrease of 45% month-on-month and a decrease of 37% year-on-year.