It was learned that the SMM weekly composite operating rate of lead-acid battery enterprises in five provinces was 73.45% from March 27 to April 2, 2026, down 0.47 percentage points WoW from the previous week.
In April, the lead-acid battery market entered the traditional consumption off-season. Some enterprises reported softer end-use consumption and a decline in finished product orders, and planned to scale back their April production plans. The weekly operating rate edged down this week. Recently, the Chinese market coincided with the Qingming Festival holiday, and lead-acid battery enterprises planned holidays ranging from 0 to 3 days. Among them, automotive battery enterprises mostly took 1 day off, while e-bike lead-acid battery enterprises mostly took 2-3 days off. The holiday impact will be reflected in next week's weekly operating rate of lead-acid batteries.
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