Lead-Acid Battery Plants Generally Scheduled Production based on Sales amid Softening End Consumption

Published: Mar 14, 2023 15:02

Source: SMM

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SHANGHAI, Mar 14 (SMM) - As the end consumption has gradually softened, traders lost their buying interest and some lead-acid battery makers saw their new orders decline.

SHANGHAI, Mar 14 (SMM) - As the end consumption has gradually softened, traders lost their buying interest and some lead-acid battery makers saw their new orders decline. However, orders from electric bicycles remained decent and demand from automotive industry has shown signs of improving, thus medium and large lead-acid battery plants barely adjusted their production schedules. Lead-acid battery plants restocked as needed amid falling lead prices and regional supply tightness. Transaction activity in the spot market improved in the second half of the week.

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