【SMM Data】Operating Rate of Electrolyte Increased in August 2024

In August, the overall operating rate of electrolyte was approximately 31.94%, up by about 3 percentage points compared to July. The demand growth rate from end-users increased in August, leading to an overall rise in demand; thus, the operating rate of electrolyte factories was adjusted upward. Looking ahead to September, it is expected that end-user demand will continue to rise, thereby driving the demand for electrolyte. It is anticipated that the operating rate in September will reach approximately 35.13%.