Guangdong Guanghua Technology reduces LFP output

BEIJING (Asian Metal) 14 Apr 23 - Guangzhou Guanghua Technology Co.Asian Metal Copyright "Dragged by soft demand and sliding prices from our clients, we produced only around 600t of LFP in March 2023, while our production in February recorded about 800t," said the source, expects to produce around 500t in April.Asian Metal Copyright, one of the major LFP producers in Guangdong province of China, reduced its LFP output by around 200t MoM to about 600t in March 2023, according to a source from the company.

"Dragged by soft demand and sliding prices from our clients, we produced only around 600t of LFP in March 2023, while our production in February recorded about 800t," said the source, expects to produce around 500t in April.

Established in 1980, Guangzhou Guanghua Technology Co. owns an annual production capacity of 15,000t of LFP, produced approximately 11,000t and 2,500t in 2022 and so far in 2023 respectively.Asian Metal CopyrightBEIJING Asian Metal 14 Apr 23 - Guangzhou Guanghua Technology Co.Asian Metal Copyright It holds no stock at present, unchanged MoM.

The current LFP mainstream prices in Guangdong province dropped to RMB90,000-92,500/t (USD13.171-13,536/t) delivered D/A 180 days, a decline of around RMB6,000/t (USD878/t) from one week ago.


.Asian Metal Copyright, one of the major LFP producers in Guangdong province of China, reduced its LFP output by around 200t MoM to about 600t in March 2023, according to a source from the companyAsian Metal Copyright