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Home / Metal News / China Battery Producers Plan to Prolong Holiday on Poor Demand

China Battery Producers Plan to Prolong Holiday on Poor Demand

iconJun 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. 

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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