[SMM investigation] the consumption of lead-acid battery market has not been greatly improved for the time being, and the weekly operating rate is stable.

SMM5 March 22: according to SMM research, this week (May 18-May 22) lead-acid battery enterprises in the five provinces of SMM have a weekly comprehensive operating rate of 63.67%, which is more stable than last Friday.

According to research, the overall consumption of lead-acid battery market has not improved significantly for the time being, in which the replacement market of electric bicycles and automobile batteries is still in the traditional off-season, major enterprises continue to promote finished batteries, while small and medium-sized enterprises maintain a state of reduced production. As mentioned in the previous report, as the overseas epidemic eased, some countries and ports began to restart, such as the orders of some car battery companies are slightly better, but considering that these countries are still in a state of gradual recovery and limited demand for batteries, it has not yet brought a significant boost to the operating rate of storage enterprises.

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