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[SMM Survey] the Weekly Operation rate of lead Battery in May Day holiday for small and medium-sized Enterprises
May 8,2020 19:01CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

 

SMM5, March 8: according to SMM research, this week (May 4-May 8) SMM five provinces lead battery enterprises weekly comprehensive operating rate of 60.15%, down 1.88% from before the festival.

It is understood that the terminal consumption of lead battery market continues to be in the doldrums, dealer procurement is limited, and this week is the May Day period, some enterprises in order to alleviate the inventory pressure, in May Day holiday 1-5 days, so lead battery weekly operating rate tends to decline, and after normal production next week, the operating rate will partially rise. At present, the production of large enterprises has not changed greatly for the time being, at the same time, under the background of increasing sales promotion of batteries, the inventory growth of some automobile battery enterprises has slowed down, coupled with the easing of the epidemic situation in parts of the overseas region, and began to relax governance. Follow-up need to pay attention to whether the export part has recovered.

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