SHANGHAI, Jul 23 (SMM) - Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces stood largely flat at 69.41% on the week as of Friday July 23.
The off-peak season market improved slightly this week. The orders for the electric bicycle battery increased steadily, and the inventory pressure of battery declined. The production enthusiasm was relatively high.
However, the consumption in the car battery market was less changed, and the prices of batteriesare difficult to increase. Most companies maintained the operating rates at 70-90%.In addition, the battery production in Henan needs attention as the heavy rains continue there.