Home / Metal News / Operating rates across lead-acid battery producers further grow

Operating rates across lead-acid battery producers further grow

iconMay 24, 2019 19:01
Source:SMM
It gained 0.64 percentage point from the previous week and averaged 51.91% in the week through May 24

SHANGHAI, May 24 (SMM) – Operating rates at lead-acid battery producers across Jiangsu, Zhejiang, Jiangxi, Hubei, and Hebei provinces gained 0.64 percentage point from the previous week and averaged 51.91% in the week through Friday May 24, showed SMM data.

While end-market consumption did not improve, a rally in lead prices and continued sales promotion drove some distributors to stockpile, and depleted inventories at producers.

Some large producers this week stepped up production to reach mid-year targets and this accounted for higher operating rates.

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news