Home / Metal News / Operating rates at lead-acid battery makers unchanged at 74.59% this week

Operating rates at lead-acid battery makers unchanged at 74.59% this week

iconNov 27, 2020 17:14
Source:SMM
Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces averaged 74.59% in the week ended November 27, unchanged from the previous week. 

SHANGHAI, Nov 27 (SMM) – Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces averaged 74.59% in the week ended November 27, unchanged from the previous week

End-user consumption of lead-acid batteries was moderate this week. Consumption of e-bike batteries entered a low season, with most of the distributors focusing on depleting existing inventories. Stocks at some battery makers built up, but they did not adjust production considering annual output and sales targets. Demand for automotive batteries from distributors improved, with large-scale battery makers continuing to operate at full capacity.

Large-scale battery producers are likely to keep stable production in December.

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news