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Ignition Battery Producers Cut Output amid Falling Demand, SMM Reports
Aug 24,2017 17:12CST
smm insight
Battery producers reduced operating rate in response to falling orders.

SHANGHAI, Aug. 24 (SMM) – Ignition battery inventories at distributors in Fujian were consumed slowly due to sluggish end-user demand. Those distributors will not purchase goods in short term after building stocks previously. 6-QW-45Ah was 220-230 yuan.

Ignition Battery Producers Show Divergent Operation Conditions, SMM Reports

In Guangdong, domestic demand was modest, while export orders slumped in response to surging lead prices and rising Chinese yuan. Local battery producers held operating rate at 70-80%.

Lead-Acid Battery Producers Suffer Different Impact from Environmental Checks, SMM Reports

In Jiangxi, distributors in face of poor end-user demand and high lead prices were wary of purchases, slashing new orders at battery producers. Local battery producers cut operating rate to 50-60%.

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