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[SMM Research] the terminal consumption of lead battery market is low, and the situation of reducing and shutting down production in storage enterprises is intensified.
Jun 6,2019 16:56CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM6, June 6: according to SMM research, this week (June 3-June 6) SMM five provinces lead battery enterprise weekly comprehensive operating rate of 47.25%, down 4.66% from last week. According to the SMM survey, the terminal consumption of the lead battery market is light, although the major enterprises continue to promote the finished battery, but the dealer's ability to pick up the goods is limited, coupled with the weak rise in lead prices, the pessimism in the future market in the industry has intensified. For example, some storage enterprises in Zhejiang, Jiangxi, Jiangsu and other areas have reduced their production plans by 10 to 20 percent. In addition, on Dragon Boat Festival, large enterprises do not have a holiday or only one day off, while small and medium-sized enterprises have more holidays, ranging from 1 to 3 days. Next week, with the end of the Dragon Boat Festival holiday, the start-up rate of enterprises may have recovered.

Production
start-up rate
production capacity
cars
batteries

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