SMM January 10 News: According to reports, from January 4 to January 10, 2025, the weekly comprehensive operating rate of lead-acid battery enterprises in five provinces monitored by SMM was 74.55%, up 1.42 percentage points WoW.
After the New Year holiday, some lead-acid battery enterprises that had been on holiday resumed normal production this week, leading to an increase in the weekly operating rate. With the Chinese New Year approaching, many lead-acid battery enterprises have started arranging for the Chinese New Year break. Based on the logistics suspension schedule, producers are preparing inventories for new battery outflows from warehouses and raw materials such as lead ingots. Additionally, starting next week, the earliest batch of producers taking the Chinese New Year break will gradually suspend operations, and the weekly operating rate of lead-acid batteries is expected to decline progressively.
