Operating rates at lead-acid battery producers have yet to pick up

Published: Feb 18, 2019 10:05

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Rates averaged 38.56% in the week through Feb 15

SHANGHAI, Feb 18 (SMM) – Operating rates at lead-acid battery producers across Jiangsu, Zhejiang, Jiangxi, Hubei, and Hebei provinces declined by 3.97 percentage points from the last week before the Lunar New Year holiday and averaged 38.56% in the week through February 15, showed SMM data.

While some producers of lead–acid batteries for automobiles resumed operation on February 8, most lead-acid battery producers restarted around Tuesday February 12.

A lack of workers and fewer working days lowered the weekly operating rates across lead-acid battery producers.

Battery producers did not purchase lead earlier in the week given adequate pre-holiday stockpiles.

With more plants returning from holidays, operating rates across lead-acid battery producers are expected to rebound this week.

Operating rate Lead Lead-acid battery

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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