Lead-acid battery producers operating rates rose to 68.46%

Published: Mar 1, 2021 14:35

Save

Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces lost 2.3 percentage points from February 5, but rose markedly from February 19 to 68.46% as of Friday February 26.

SHANGHAI, Mar 1 (SMM)— Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces lost 2.3 percentage points from February 5, but rose markedly from February 19 to 68.46% as of Friday February 26.

Due to SMM sample adjustments, the production capacity of Zhejiang Jujiang and Zhejiang Tieying has increased, while Zhejiang Xindali has been eliminated due to its suspension of production.

A small number of large companies that produced in shifts during CNY maintained stable output. Other lead-acid battery companies have resumed production around February 19, and most companies have completed the work resumption last week. The operating rates will gradually increase, while the recruitment cycle of enterprises after the CNY is likely to weigh on the operating rate of the battery companies. Compared to previous years, the work resumption in 2021 was faster as more migrant worker spent the holiday on their employment sites.

The operating rates are expected to rise further this week as more companies will fully resumed production.

Lead-acid battery Operating rates

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 to learn 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

12 hours ago

NPC Deputy Proposes Expanding Payment Regulation to Benefit More Automotive Suppliers

It was reported that during this year’s Two Sessions, NPC deputy Liu Changhai, Chairman of Camel Group, proposed expanding the scope of application of the Regulation on Ensuring Payment to Small and Medium-Sized Enterprises from small and medium-sized suppliers in the supply chains of large enterprises (mainly 17 key automakers) to above-designated-size enterprises in the automotive industry, thereby creating a “hard constraint on payment terms across the entire industry.” He also proposed clearly defining “completion of goods delivery and acceptance” as the period start point, and strictly prohibiting the disguised extension of payment terms through measures such as deliberately delaying acceptance and the non-compliant use of commercial bills of exchange.

12 hours ago

[Lead-Acid Battery Market] NPC Deputy Zhang Tianren Proposes Big Data Monitoring, Stricter Entry Rules

[Lead-Acid Battery Market Update] It was reported that during this year’s Two Sessions, Zhang Tianren, a deputy to the National People’s Congress and Chairman of Tianneng Holding Group, proposed that relevant national ministries and commissions leverage big data to monitor nationwide battery capacity, production, utilization rate, and market demand, and regularly release an overcapacity early-warning index to clearly restrict outdated technologies and inefficient capacity. He also proposed raising market entry thresholds for battery production and recycling, shifting from a “licensing” system to a national ministry “filing” system, further revising the “Standard Conditions for the Battery Industry,” and prohibiting low-level capacity from entering the market.

12 hours ago

16 hours ago

Data: SHFE, DCE market movement (Mar 04)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 04 Mar , 2026

16 hours ago