Operating rates across lead-acid battery producers decline as CNY stockpiling ends

Published: Jan 21, 2019 10:48

Save

Rates at battery producers across Jiangsu, Zhejiang, Jiangxi, Hubei, and Hebei averaged 61.5% in the week through Jan 18

SHANGHAI, Jan 21 (SMM) – Operating rates at lead-acid battery producers across Jiangsu, Zhejiang, Jiangxi, Hubei, and Hebei provinces dipped 0.57 percentage point from the previous week and averaged 61.5% in the week through January 18, showed SMM data.

Some shipping companies in more remote regions closed for Chinese New Year (CNY) and this reduced procurement by battery distributors.

Battery producers slowed production after they completed stockpiling finished goods for CNY.

SMM expects operating rates across lead-acid battery producers to extend declines this week as small battery producers would begin their CNY break and as larger producers further slow production.

Operating rate Lead Lead-acid battery

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

13 hours ago

Data: SHFE, DCE market movement (Jun 04)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 04 Jun , 2026

13 hours ago

Non-Ferrous Sector Broadly Declined Combined with Increased Lead Ingot Supply, SHFE Lead Futures Center Shifted Downward [Lead Futures Brief Commentary]

13 hours ago

20 hours ago

Under Overlapping Bearish Factors, LME Lead Pulled Back After Hitting Highs [SMM Lead Morning Brief]

[SMM Lead Morning Brief: Under Overlapping Bearish Factors, LME Lead Pulled Back after Surging] SMM, June 4: Overnight, LME lead opened at $2,038/mt. Progress on the US-Iran ceasefire fluctuated, and non-ferrous metals declined across the board. After touching $2,046/mt for two consecutive days, LME lead...

20 hours ago