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

Published: Oct 21, 2024 16:11 (GMT+8)

Source: SMM

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[SMM Data: Electrolyte Operating Rate in September] The operating rate of electrolyte in September 2024 was approximately 36.78%. It is expected that the operating rate will continue to rise in October.

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%.

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