Operating rates at lead-acid battery makers unchanged on week

Published: Oct 23, 2020 17:22

Save

Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces averaged 72.31% in the week ended October 23, unchanged from the previous week.

SHANGHAI, October 23 (SMM) – Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces averaged 72.31% in the week ended October 23, unchanged from the previous week.

End-user consumption of both e-bike and automotive batteries weakened this week as falling lead prices kept distributors cautious. Large-scale battery makers operated as usually, while some small and medium-scale producers cut output.

Most of the producers produced based on sales, while only a few of them were bullish on consumption in winter.

Operating rates Lead-acid battery

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

9 hours ago

Peak season expectations gap emerges, scrap battery prices narrowly stagnant [SMM scrap battery weekly review]

9 hours ago

Liaoning Hongda Group Breaks Ground on Lead-Zinc Mining Project in Kazakhstan

According to foreign media, China’s Liaoning Hongda Group recently held the groundbreaking ceremony for the Burabay Lead-Zinc Mining and Processing Project in Kazakhstan’s Kyzylorda Region. The project has a two-year construction period and is scheduled for completion in 2028. Detailed geological exploration has been completed, with average grades of 2.01% zinc and 1.62% lead, while further resource expansion is possible at depth. Under Phase I, the project is expected to produce 210,000 tonnes of lead-zinc raw materials and recover 20 tonnes of silver annually, creating over 550 local jobs.

9 hours ago

[Cost side firm with falling by-product returns; few secondary lead spot orders quoted this week - SMM Secondary Refined Lead Weekly Review]

9 hours ago