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

  • Nov 14, 2024, at 4:47 pm
  • SMM
[SMM Data: Electrolyte Operating Rate in October] The operating rate of electrolyte in October 2024 was approximately 39.93%. It is expected that the operating rate will continue to rise in November.

In October, the overall operating rate of electrolyte was approximately 39.93%, an increase of about 3 percentage points compared to September. The demand growth rate in the end-use market increased in October, leading to an overall rise in demand, and consequently, the operating rate of electrolyte factories was adjusted upward. Looking ahead to November, end-use demand is expected to continue rising, thereby driving the demand for electrolyte to grow continuously. The operating rate in November is expected to reach approximately 42.47%.

  • Analysis
  • Cobalt & Lithium
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