Holiday Ends and Half-Year Sales Push, Lead-Acid Battery Weekly Operating Rate Rebounds [SMM Lead-Acid Battery Weekly Operating Rate Comment]

It is learned that from June 4 to June 11, 2026, the weekly composite operating rate of lead-acid battery enterprises in five provinces tracked by SMM was 67.19%, up 1.5 percentage points WoW.

In June, the off-season trend for e-bike and automobile battery markets persisted. Coupled with the semi-annual period, some large enterprises maintained stable production with slight increases to boost production and sales, though inventory pressure remained high. Following the end of holidays at lead-acid battery enterprises in Jiangxi and Jiangsu last week, these battery enterprises resumed normal production this week, which was the main factor driving the weekly operating rate rebound. In addition, lead-acid battery enterprises in Zhejiang and Jiangxi indicated that export orders for batteries improved relatively, also contributing to the production increase among lead-acid battery enterprises this week. It is also worth noting that end-use market consumption remained sluggish. Production by some enterprises served the semi-annual production and sales plan. Once this special period ends, lead-acid battery enterprises will return to the produce-based-on-sales model.