[SMM Survey] lead price increases boost orders weekly start-up of lead-acid batteries increases by 1.03% month-on-month.

Published: Jul 17, 2020 17:48

 

SMM7, July 17: according to a survey by SMM, this week (July 13-July 17) the weekly comprehensive operating rate of lead battery enterprises in the five provinces of SMM was 65.71%, up 1.03% from last Friday.

Recently, driven by the rise in lead prices, lead battery companies have narrowed their promotion of finished batteries, especially electric bicycle batteries, which are the biggest promotions in the early stage. starting from this week, some brands have again notified to raise their selling prices. the increase in each group is about 20 yuan, dealers buy up to replenish the warehouse, and the operating rate of the production line of some small and medium-sized enterprises has also rebounded. In addition, for the end-market consumption, there is no significant improvement at present, during the period, such as Jiangxi, Anhui and other areas, there are floods, regional consumption is limited.

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[SMM Survey] lead price increases boost orders weekly start-up of lead-acid batteries increases by 1.03% month-on-month. - Shanghai Metals Market (SMM)