[SMM investigation] the weekly start-up of lead-acid battery increases slightly, but the need for it to be realized after the holiday is limited.

Telah Terbit: Jul 3, 2020 19:32

 

SMM7 March 3: according to SMM research, this week (June 29-July 3) the weekly comprehensive operating rate of lead battery enterprises in the five provinces of SMM was 63.69%, up 0.27% from last Friday.

It is understood that the terminal consumption of lead-acid battery market has not improved significantly for the time being. At the same time, due to the influence of rainstorm in some areas, the sales volume of dealers has weakened, among which the electric bicycle market is expected to be boosted by recent price increases, and some retailers are slightly more enthusiastic in purchasing. In addition, in terms of enterprise production, in July, taking into account the traditional consumption peak season from July to August, the production of a small and medium-sized production enterprises has increased steadily; while due to the Dragon Boat Festival holiday last week, small and medium-sized enterprises have a holiday for three days, and the consumption of lead ingots has decreased, so after the resumption of this week, the need for replenishment after the festival has not been more reflected.

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[SMM investigation] the weekly start-up of lead-acid battery increases slightly, but the need for it to be realized after the holiday is limited. - Shanghai Metals Market (SMM)