In January, the overall operating rate of electrolytes was approximately 36.87%, dropping by about 5 percentage points compared to December. The growth rate of demand in the end-use market slowed in January, leading to an overall decline in demand, which resulted in a reduction in the operating rate of electrolyte factories. Looking ahead to February, end-use demand is expected to continue to pull back, driving a slight drop back in electrolyte demand. The operating rate in February is expected to reach approximately 34.81%.
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