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

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%.