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Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

iconJul 26, 2017 17:59
Source:SMM
Orders at ignition battery producers saw no improvement in Zhejiang due to wary purchase sentiment of distributors.

SHANGHAI, Jul. 26 (SMM) – Ignition battery sales at distributors in Tianjin increased thanks to improvement of replacement demand. But, they will not replenish stocks until August amid high inventories on hand.

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Ignition battery producers in Hebei held operating rate at around 80% and purchased lead under term-contracts.

Ignition Battery Producers Cut Output by 20% amid High Temperature, SMM Reports

In Zhejiang, orders at ignition battery producers saw no improvement as volatile lead price triggered wary purchase sentiment of distributors. Those producers planned to have their workers take holidays for high temperature.

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