Weekly lead-acid battery maker operating rate rebounds 3.77 percentage points

Publié: Sep 20, 2019 17:10
Orders grew on loosened restrictions on motorcycles and a high season for electric tricycles

SHANGHAI, Sep 20 (SMM) – Chinese lead-acid battery producers swung into a higher gear this week, as workers returned from the Mid-Autumn Festival holiday and also orders grew after authorities loosened their restrictions on motorcycles this month and a high season for electric tricycles began.

An SMM survey showed that operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei, and Hebei provinces averaged 55.85% in the week ending September 20, up 3.77 percentage points from the prior week, when some plants gave their works one or two days off for the holiday. The rate rose in seven of the last nine weeks.

Chinese authorities removed taxes on purchases of electric motorcycles and light electric motorcycles from July 1, which also helped boost demand.

SMM learned that most lead-acid battery producers plan to suspend for a maximum of three days during the National Day holiday, while some even will not take a break at all. This drove them to stockpile lead ingots, the feedstock for batteries, this 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.

Pour toute demande d'information ou pour en savoir plus, veuillez contacter : lemonzhao@smm.cn
Pour plus d'informations sur l'accès à nos rapports de recherche, veuillez contacter :service.en@smm.cn
Weekly lead-acid battery maker operating rate rebounds 3.77 percentage points - Shanghai Metals Market (SMM)