China's lithium carbonate production totaled 67,000 tonnes in June, an increase of 7.8% MoM. The increase was attributed to the seasonal production rise in Qinghai Province, the completion of production line maintenance in Sichuan Province, and higher operating rates in Jiangxi Province after the impact of environmental protection faded. Despite minor reductions in recycling and contract smelters, the overall production of lithium carbonate increased by 7.8% compared to the previous month.
It is expected that China's lithium carbonate production will fall 2.1% MoM at 65,000 tonnes in July. Due to the current inverted price and cost, some production smelters are likely to reduce their production and even reduce contract manufacturing orders in July.
Written by Cora Ji, jiruyan@mysteel.com