Ignition Battery Producers Show Divergent Operation Conditions, SMM Reports

Aug 22, 2017 16:42

Ignition battery producers in Zhejiang cut output to 60-70%, and those in Hubei held operating rate at around 80%, while battery producers in Hebei were operational fully.

SHANGHAI, Aug. 22 (SMM) – In Zhejiang, distributors purchased based on orders, resulting in modest demand. But, local ignition battery producers reduced operating rates to 60-70% due to environmental checks.

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End-user demand in ignition battery market in Hubei was sluggish, and distributors were wary of stock-building. Local battery producers held operating rates at around 80%, and purchased lead based on orders.

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However, battery producers in Hebei were operational fully as improving end-user demand increased orders. Those producers bought lead mainly under term contracts.

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Ignition Battery Producers Show Divergent Operation Conditions, SMM Reports

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