[SMM Data] Operating Rate of Electrolyte Declined in December 2024

Published: Jan 10, 2025 18:24

Source: SMM

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[SMM Data: Electrolyte Operating Rate in December] The operating rate of electrolyte in December 2024 was approximately 41.44%. The operating rate is expected to continue declining in January.

In December, the overall operating rate of electrolytes was approximately 41.44%, dropping by about 2 percentage points compared to November. The growth rate of demand in the end-use market slowed in December, leading to an overall decline in demand, which resulted in a reduction in the operating rate of electrolyte factories. Looking ahead to January, end-use demand is expected to continue declining, thereby driving a slight drop back in electrolyte demand, with the operating rate in January projected to reach approximately 37.65%.

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