SHANGHAI, Sept. 15 (SMM) – Overall operating rates at domestic lead-acid battery producers during the first seven months of 2017 fell on a yearly basis, according to SMM data.
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The decline was mainly because that demand in 2017 was consumed in advance, SMM lead analyst said at the 2017 SMM Secondary Lead-acid Battery Summit held on September 14.
Distributors entered the market for speculative stockpiling in Q3 and Q4 2016, consuming demand for motive and ignition batteries in advance.
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Moreover, orders at lead-acid battery producers were also dragged down by slower construction at infrastructure facilities in 1H 2017, also reducing their production enthusiasm.
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