[SMM Data] Operating Rate of LiPF6 Decreased in July 2024

Published: Aug 12, 2024 17:27
Source: SMM
[SMM Data: LiPF6 Operating Rate in July] The operating rate of LiPF6 in July 2024 was approximately 47.1%. The operating rate is expected to increase in August.

In July, the production of LiPF6 reached 14,300 mt, with an overall operating rate of approximately 47.1%, which was about 1.7 percentage points lower than in June. The growth rate of demand in the end-user market slowed down in July, leading to weaker overall demand and a decrease in the operating rate of LiPF6 factories. Looking ahead to August, end-user demand is expected to rise, thereby driving an increase in the demand for LiPF6. The operating rate is projected to reach around 55.8%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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