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[SMM investigation] the inventory pressure of finished products increases and the weekly operating rate of lead-acid batteries decreases again.
Apr 10,2020 16:35CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

 

SMM4, March 10: according to SMM research, this week (April 6-April 10) SMM five provinces lead battery enterprises weekly comprehensive operating rate of 63.47%, down 1.56% from Friday.

It is understood that there has been no significant improvement in terminal consumption in the lead battery market for the time being, and due to the impact of export restrictions, such as automobile and communications lead battery enterprises have been cancelled orders, or orders have been blocked, while the electric bicycle battery market has entered the traditional off-season period, coupled with the fact that consumption expectations have not yet been fulfilled at the beginning of the school season, lead battery enterprises have accumulated inventories of finished products, and some of them have begun to lower their production plans for the month. The weekly operating rate is also falling again.

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