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[SMM Data] Operating Rate of Lithium Hexafluorophosphate Decreased in July 2024

  • Aug 13, 2024, at 12:01 pm
  • SMM
In July, the production of lithium hexafluorophosphate reached 14,300 mt, with an overall operating rate of approximately 47.1%, a decrease of about 1.7 percentage points compared to June.

In July, the production of lithium hexafluorophosphate reached 14,300 mt, with an overall operating rate of approximately 47.1%, a decrease of about 1.7 percentage points compared to June. The growth rate of demand in the end-user market slowed down in July, leading to weaker overall demand and a decline in the operating rate of lithium hexafluorophosphate factories. Looking ahead to August, end-user demand is expected to rise, thereby driving an increase in the demand for lithium hexafluorophosphate, with the operating rate projected to reach around 55.8%.

  • Industry
  • Cobalt & Lithium
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