Operating Rates of Lead-Acid Battery Plants Up 0.22% on Week

SHANGHAI, Sep 10 (SMM) - Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces increased 0.22 percentage point from September 3 to 69.94% as of Friday September 10.

The pandemic in Jiangsu has been effectively controlled in September, and some lead-acid battery producers have resumed production amid loosened pandemic prevention policy, leading to the increase in the overall operating rate.

The car production and sales weakened in other regions, dragging down the orders for car batteries. At the same time, some car battery companies received few orders due to the impeded export shipping, and the companies plan to reduce production in September.