[SMM Research] the first rise in batteries stimulates dealers to purchase, and the weekly operating rate of lead-acid batteries remains stable.-Shanghai Metals Market

Hot Keywords

  • Copper
  • Zinc
  • Nickel
  • MMi Iron Ore Port Index
  • Aluminium
  • Macroeconomics
  • trend forecast
  • price
  • Inventory data
  • Wanbao Minerals
  • Stainless steel spot
  • Futures movement
  • Evening comments
  • Bauxite
  • SMM brief review

[SMM Research] the first rise in batteries stimulates dealers to purchase, and the weekly operating rate of lead-acid batteries remains stable.

Translation 06:06:49PM Jul 19, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, 19 July: according to SMM research, this week (July 15-July 19) SMM five provinces lead battery enterprise weekly comprehensive operating rate of 48.13%, the same as last week.

According to SMM research, electric bicycle battery enterprises raised battery prices for the first time this year, coupled with a strong rise in lead prices this week, dealers' risk aversion mood swept away, and there was a widespread purchase of stock. The inventory of finished products in battery enterprises was transferred to dealers one after another, and the inventory of some dealers rose to more than a month. However, the actual consumption of terminals has not improved significantly for the time being. Enterprises are not overly optimistic about the future market. The operating rate of the production line has not been raised rashly for the time being. In addition, the consumption of the car battery market is also light, some enterprises due to production reduction or holiday, finished product inventory pressure has declined, of which a small number of small storage enterprises in the southwest of the end of the holiday, has recently resumed work (due to the lack of research samples, so this week the weekly start-up rate of enterprises to maintain stability. )

 

[SMM Research] the first rise in batteries stimulates dealers to purchase, and the weekly operating rate of lead-acid batteries remains stable.

Translation 06:06:49PM Jul 19, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, 19 July: according to SMM research, this week (July 15-July 19) SMM five provinces lead battery enterprise weekly comprehensive operating rate of 48.13%, the same as last week.

According to SMM research, electric bicycle battery enterprises raised battery prices for the first time this year, coupled with a strong rise in lead prices this week, dealers' risk aversion mood swept away, and there was a widespread purchase of stock. The inventory of finished products in battery enterprises was transferred to dealers one after another, and the inventory of some dealers rose to more than a month. However, the actual consumption of terminals has not improved significantly for the time being. Enterprises are not overly optimistic about the future market. The operating rate of the production line has not been raised rashly for the time being. In addition, the consumption of the car battery market is also light, some enterprises due to production reduction or holiday, finished product inventory pressure has declined, of which a small number of small storage enterprises in the southwest of the end of the holiday, has recently resumed work (due to the lack of research samples, so this week the weekly start-up rate of enterprises to maintain stability. )