CNY holiday lowers operating rates of lead-acid battery producers on week

Publicado: Jan 25, 2019 16:50
Rates across Jiangsu, Zhejiang, Jiangxi, Hubei, and Hebei provinces dipped 1.56 percentage points from the previous week

SHANGHAI, Jan 25 (SMM) – Operating rates at lead-acid battery producers across Jiangsu, Zhejiang, Jiangxi, Hubei, and Hebei provinces dipped 1.56 percentage points from the previous week and averaged 59.94% in the week through January 25, showed SMM data.

This week, most medium-sized and small lead-acid battery plants closed for CNY, which accounted for the lower rate. Operating rate in Jianxi declined 7.53 percentage points on the week. 

Except several companies that will maintain regular operation until the eve of CNY, large mills are mostly expected to begin their CNY breaks before the end of January. SMM expects this to significantly lower the operating rate next week. 

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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CNY holiday lowers operating rates of lead-acid battery producers on week - Shanghai Metals Market (SMM)