China Battery Imports Post Declines in February on Holiday Factors

Mar 31, 2016 13:52

Source:SMM

Lead-acid battery imports in China were 464,600 pieces in February.

SHANGHAI, Mar. 31 (SMM) – Lead-acid battery imports in China were 464,600 pieces in February, a month-on-month fall of 22.10% and a year-on-year drop of 21.70%, Customs reported.

Ignition battery imports declined 22.80% to 165,100 pieces and other types of battery imports slipped 21.70% to 299,500 pieces, both on monthly basis.

Domestic enterprises halted operation for 2016 Chinese New Year holiday, waning demand for batteries. Delay in construction period of base station also dragged down demand for backup batteries during the holiday.

China accumulatively imported 1.06 million pieces of lead-acid batteries during January-February, a drop of 15.58% year-on-year.

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China Battery Imports Post Declines in February on Holiday Factors

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