Operating Rates of Lead-acid Battery Plants Down 0.33% on Week

Published: Aug 13, 2021 17:26

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Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces lost 0.33 percentage point from August 6 to 69.22% as of August 13.

SHANGHAI, Aug 13 (SMM) - Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces lost 0.33 percentage point from August 6 to 69.22% as of August 13.

The consumption in the lead-acid battery market was mild, and most companies maintained stable production.

The lead-acid battery output in Jiangsu continued to decline under the pandemic control, as the transportation in high-risk areas such as Yangzhou and Gaoyou was restricted, and the raw material inventories were gradually consumed. Some companies in Jiangsu are not included in SMM sample, so the actual decrease in the operating rates was wider.

The impact of the pandemic and power curtailment on the production of lead-acid battery will be further monitored.

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.

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