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[SMM Research] lead Battery Market enters the traditional off-season Weekly Operation rate again
Oct 25,2019 16:48CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM10, March 25: according to SMM research, this week (October 21-October 25) SMM five provinces lead battery enterprises weekly comprehensive operating rate of 56.83%, down 0.16 percentage points from the previous week.

According to research, the battery market consumption of electric bicycles continues to weaken, the finished product orders of battery enterprises are low, and most storage enterprises are not optimistic about the future consumption, so in the case that the finished batteries of battery enterprises have not yet accumulated a large amount of storage, some enterprises have begun to take the initiative to control production. In addition, the consumption of the automobile battery market is general, and because the dealers buy the reserve warehouse in the early stage, with the orders arriving one after another, the inventory of some dealers has been reduced to 2 months, the purchasing power of the dealers has declined, and the follow-up automobile battery enterprises may have the risk of accumulating storage.

 

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