Operating rates across lead-acid battery producers fall further as seasonal lull continues

Publié: Apr 28, 2019 09:13
Rates fell 3.7 percentage points from the previous week and averaged 49.69% in the week through Apr 26

SHANGHAI, Apr 28 (SMM) – Operating rates at lead-acid battery producers across Jiangsu, Zhejiang, Jiangxi, Hubei, and Hebei provinces fell 3.7 percentage points from the previous week and averaged 49.69% in the week through Friday April 26, showed SMM data.

While sales promotion continued across the market amid a seasonal lull, distributors remained cautious about procurement, and this grew inventories of finished goods across lead-acid battery producers. Stocks at some battery producers have exceeded a month.

This prompted battery producers to further scale back operations. Several producers even suspended their production of polar plates.

Operating rates at lead-acid battery producers are expected to continue to fall next week as sluggish consumption across end-markets shuts plants for the Labour Day holiday.

Most plants will close for up to three days, with a handful shutting for up to one week.

Déclaration sur la source des données : À l'exception des informations publiques, toutes les autres données sont traitées par SMM sur la base d'informations publiques, d'échanges avec le marché et en s'appuyant sur le modèle de base de données interne de SMM. Ils sont fournis à titre indicatif uniquement et ne constituent pas des recommandations décisionnelles.

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Operating rates across lead-acid battery producers fall further as seasonal lull continues - Shanghai Metals Market (SMM)