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%.
[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.