Lead-Acid Battery Enterprises Concentrated Holidays During Labour Day Holiday, Weekly Operating Rate Dropped Significantly [SMM Lead-Acid Battery Weekly Operating Rate Comment]

According to SMM research, from May 1 to May 7, 2026, the weekly comprehensive operating rate of lead-acid battery enterprises across five provinces was 50.56%, down 14.94 percentage points WoW.

This week coincided with the Labour Day holiday, during which lead-acid battery enterprises generally halted production for the holiday. Moreover, as the market is currently in the traditional off-season, some enterprises began their holidays early at the end of April, with factory shutdowns lasting 5–7 days, while most other enterprises took 2–5 days off, dragging down the weekly operating rate of lead-acid batteries further. Next week, as the holiday factor dissipates, most enterprises will resume normal production. However, since off-season conditions persist, some enterprises will operate at lower rates than in April after resuming production, and therefore the operating rate may struggle to return to pre-holiday levels.