[SMM survey] lead battery production recovered after the festival, but the recovery in Jiangsu and Zhejiang was not as expected.

SMM6 14-according to SMM research, this week (June 10-June 14) SMM five provinces lead battery weekly comprehensive operating rate of 49%, up 1.75% from last week. According to SMM research, lead battery market consumption has not improved, storage enterprises basically maintain the state of fixed production, and due to the end of the Dragon Boat Festival holiday, some of the holiday enterprises recovered, so the weekly start-up rate increased. In addition, since April 15, 2019, the new national standard for electric bicycles has been implemented, due to the greater difference in the use habits of "new standard cars" and consumers, and the limited acceptance of the market, so that the traditional off-season is weaker than in previous years, battery enterprises generally reduce production and storage, and for example, Jiangsu and Zhejiang areas gather more large-scale electric bicycle battery production enterprises, most enterprises are cautious in production, after the festival recovery is not as expected. In addition, such as Henan and other places are about to end the busy agricultural period, some of the busy agricultural holiday enterprises or gradually recover.