[SMM survey] Battery inventory pressure slightly reduced weekly operating rate of lead-acid battery slightly increased by 0.6%

Published: Jul 12, 2019 18:10

SMM7, 12 July: according to SMM research, this week (July 8-July 12) SMM five provinces lead battery enterprise weekly comprehensive operating rate of 48.13%, up 0.6% from last week. According to SMM research, the lead battery market does not change in the off-season situation, coupled with the sharp volatility of lead prices this week, most enterprises maintain the state of fixed production for sale. Among them, a small number of electric bicycle battery enterprises reflected that due to the continuous production reduction in June, the recent battery inventory pressure decreased slightly, at the same time, the lead price rose slightly, and the purchasing enthusiasm of dealers in some areas improved slightly, so the production line start-up rate increased slightly. In addition, automotive battery enterprises are due to the main engine factory in advance of the "high temperature vacation", the order situation has no signs of improvement, production lines are less than full load. In addition, we need to continue to pay attention to the inventory digestion of enterprises and dealers.

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.

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