[SMM Survey] the weekly operating rate of lead-acid batteries before the festival is temporarily stable, and most small and medium-sized enterprises have holidays.

According to SMM research, the weekly comprehensive operating rate of lead battery enterprises in five provinces of SMM was 62.04% this week (April 27-April 30), which is basically stable compared with last Friday.

It is understood that there has been no great improvement in terminal consumption in the lead battery market for the time being. Electric bicycles and automobile battery enterprises generally promote finished batteries, while dealers have limited inventory transfer, coupled with no optimistic expectations for future consumption. Even in the context of promotion, dealers also mostly purchase on demand, especially the inventory level of electric bicycle battery enterprises is generally on the high side. Since April, some enterprises have reduced the production line operating rate one after another. From May Day holiday to May Day holiday, apart from some giant enterprises, other small and medium-sized enterprises mostly plan to have a holiday of 1-5 days.

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