Higher Tax Squeezes Profits at China Lead-acid Battery Producers, SMM Reports

Published: Sep 15, 2017 15:14

Save

Domestic lead-acid battery producers face growing cost burdens in 2017, SMM lead analyst said 2017 SMM Secondary Lead-acid Battery Summit.

SHANGHAI, Sept. 15 (SMM) – Domestic lead-acid battery producers face growing cost burdens in 2017, SMM lead analyst said 2017 SMM Secondary Lead-acid Battery Summit.

China Refined Lead Supply to Fall in 2017, SMM Foresees, Supporting Price in 2H 2017

Net profits grew on a yearly basis in 2017, but consumption tax, ranging from 20-60%, squeezed profits at domestic producers.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

lead price battery price

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Overseas Geopolitical Risks Escalate LME Lead Overall Center of Operation Shifts Downward [SMM Lead Morning Brief]

[smm lead morning brief: overseas geopolitical risks escalate lme lead's overall center of gravity shifts downward] SMM March 3rd: Overnight, LME lead opened at $1962/mt. Affected by overseas geopolitical risks, the market was entangled with bullish and bearish factors, and LME lead oscillated mostly between $1970-1980/mt...

1 hour ago

Lead Ingot Destocking Boosts Lead Prices While Geopolitical Risks Persist [SMM Lead Morning Meeting Summary]

[Summary of SMM Lead Morning Meeting: Lead Ingot Destocking Boosts Lead Prices While Geopolitical Risks Persist] Iran: Will Not Negotiate with the US, Timing of Ceasefire to Be Decided by Iran, Has Not Attacked Saudi Aramco; Strait of Hormuz Closed, All Vessels Attempting to Pass Will Be Targeted. Entering the Second Week After Chinese New Year, the Majority of Domestic Lead-Acid Battery Enterprises Have Basically Resumed Operations, Lead Consumption Gradually Recovers, and on the Supply Side...

1 hour ago

14 hours ago

[Analysis: With the End of Chinese New Year, How Will Primary Lead Enterprises' Production Fare in March?]

[Analysis: With the End of Chinese New Year, How Will Primary Lead Enterprises' Production Fare in March?] SMM reported on March 2nd: Due to the impact of the Chinese New Year holiday and smelter maintenance, the national production of primary lead in February 2026 declined as expected, down 17.07% MoM and 1.21% YoY. The cumulative production of electrolytic lead from January to February 2026 increased by 8.39% YoY.

14 hours ago