Zhuzhou Haida's LCO output to increase
2023-04-27 08:28:47 [Print]
BEIJING (Asian Metal) 27 Apr 23 - Zhuzhou Haida Group Haida New Material Co., one of the major LCO producers in China, estimates to produce around 250t of LCO in April 2023, an increase of about 50t MoM.
"As lithium carbonate 99.5%min prices picked up, our clients became active in sending LCO orders this week, so our output in April would rise to around 250t this month, while we produced only about 200t in March," said a source from the company.
With an annual production capacity of 3,000t of LCO, Zhuzhou Haida Group Haida New Material Co. produced approximately 1,800t and 560t in 2022 and so far in 2023. It doesn't hold any stock now, the same as one month ago.
The Chinese LCO mainstream prices in Zhuzhou, Hunan province stand at RMB225-235/kg (USD32.5-33.9/kg) delivered D/A 180 days at present, without much change from one day ago.
"As lithium carbonate 99.5%min prices picked up, our clients became active in sending LCO orders this week, so our output in April would rise to around 250t this month, while we produced only about 200t in March," said a source from the company.
With an annual production capacity of 3,000t of LCO, Zhuzhou Haida Group Haida New Material Co. produced approximately 1,800t and 560t in 2022 and so far in 2023. It doesn't hold any stock now, the same as one month ago.
The Chinese LCO mainstream prices in Zhuzhou, Hunan province stand at RMB225-235/kg (USD32.5-33.9/kg) delivered D/A 180 days at present, without much change from one day ago.
