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Average Operating Rate of Lead-Acid Battery Producers Rose 1.69%

iconNov 26, 2021 18:29
Source:SMM
The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces increased 1.69 percentage points from November 19 to 78.57% as of Friday November 26.

SHANGHAI, Nov 26 (SMM) – The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces increased 1.69 percentage points from November 19 to 78.57% as of Friday November 26.

According to SMM survey, the consumption in lead-acid battery market was largely unchanged. Some distributors increased their purchases as the lead prices rebounded. The orders received by companies were stable.

The lead-acid battery consumption recovered gradually in Southeast Asia amid alleviated COVID-19 pandemic. The export orders of ups and automobile battery companies increased. At the same time, the power rationing in Jiangsu and Zhejiang was eased, where the battery companies increased the production.

operating rate
lead-acid battery
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