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