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

Published: Sep 13, 2024 18:27
Source: SMM
[SMM Data: Electrolyte Operating Rate in August] The operating rate of electrolyte in August 2024 was approximately 31.94%. The operating rate is expected to continue to rise in September.

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%.

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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