[SMM Data] The operating rate of LiPF6 increased in September 2024

Published: Oct 18, 2024 15:37 (GMT+8)

Source: SMM

Save

[SMM Data: LiPF6 Operating Rate in September] The operating rate of LiPF6 in September 2024 was approximately 66%. The operating rate is expected to continue rising in October.

In September, the overall operating rate of LiPF6 was approximately 66%, an increase of about 7.5 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 thus the operating rate of LiPF6 factories was adjusted upward. Looking ahead to October, end-use demand is expected to continue rising, driving the demand for LiPF6 to grow continuously, with the operating rate expected to reach around 69% in October.

New Energy

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

MIIT Unveils 15th Five-Year Plan: Boost Safety, Performance in Consumer, NEV, and ESS Batteries

The Ministry of Industry and Information Technology (MIIT) and six other departments jointly issued the New-type Battery Industry Development 15th Five-Year Plan. The plan proposes to improve energy density, power density, and cycle life through process optimization, material upgrades, and structural innovation. It calls for developing high-safety consumer electronics lithium batteries, improving the safety, fast-charging performance, low-temperature adaptability, lightweight design, and energy density of power batteries for NEVs and electric vessels, and developing high-safety, large-capacity, grid-forming, ultra-long cycle life ESS batteries.

2 hours ago

Optimize Lithium Battery Industry, Enhance Coastal Urban Agglomerations, and Advance Manufacturing Clusters

The Ministry of Industry and Information Technology and seven other departments jointly issued the 15th Five-Year Plan for New-Type Battery Industry Development. It proposes optimizing the layout of the lithium battery industry in accordance with the principles of regional agglomeration and concentration of main entities. It guides various regions to leverage their comparative advantages and achieve differentiated and specialized coordinated development. It consolidates and enhances the role of the Beijing-Tianjin-Hebei region, the Yangtze River Delta, and the Guangdong-Hong Kong-Macao Greater Bay Area as driving forces for high-quality development, better leverages the role of coastal urban agglomerations such as Guangdong-Fujian-Zhejiang, and accelerates the cultivation of advanced manufacturing clusters for new-type batteries. Relying on the industrial foundations of the Yangtze River Economic Belt, the Yellow River Basin, and the Northeast region, it promotes the strengthening, supplementation, quality improvement, and upgrading of the new-type battery industry chain. Based on the resources of the central and western regions, it enhances the resilience of the new-type battery industry chain.

2 hours ago

Xuzhou Xinrui Lithium Battery's 400,000 mt iron phosphate project breaks ground

On September 28, Xuzhou Xinrui Lithium Battery's 400,000 mt iron phosphate project officially commenced construction in the Xuzhou Economic Development Zone. This is a major initiative by GCL Group in the field of power battery and energy storage key materials, and the project will further enhance the supporting supply capacity of lithium battery cathode materials upon completion.

2 hours ago