[SMM Data] Operating Rate of Electrolyte Increased in September 2024

In September, the overall operating rate of electrolyte was approximately 36.78%, an increase of about 5 percentage points compared to August. The demand growth rate in the end-use market increased in September, leading to an overall rise in demand, and consequently, the operating rate of electrolyte factories was adjusted upward. Looking ahead to October, end-use demand is expected to continue rising, thereby driving the demand for electrolyte to grow continuously. The operating rate in October is expected to reach approximately 38.38%.