China Battery Producers Plan to Prolong Holiday on Poor Demand

Jun 7, 2016 13:39

Source:SMM

Lots of lead-acid battery producers in China planned to prolong the operation halt for China’ s Dragon Boat Festival from June 9-11, SMM learns.

SHANGHAI, Jun. 7 (SMM) – Lots of lead-acid battery producers in China planned to prolong the operation halt for China’ s Dragon Boat Festival from June 9-11, SMM learns.

SMM survey of ten motive and ignition battery makers finds that four of them planned to suspend operation for three days, three of them for five-seven days, and one of them for twenty days. The rest two battery producers already halt operation for five-ten days and restarted operation recently.

The move is aimed to ease inventory pressure. Both motive and ignition battery maker will remain in the slack season in June and end-user market demand is thin.

With oversupply in battery market, leading battery makers continue sales promotion activities. And sales for less-known battery are limited. Many distributors are pessimistic over battery prices and show little buying interest.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

lead-acid battery

lead

lead-acid battery producers

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

China Battery Producers Plan to Prolong Holiday on Poor Demand

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo