In Light of More Working Days in March, Monthly Operating Rate Of Lead-Acid Battery Enterprises is Estimated to Increase

Published: Mar 16, 2023 15:55
Source: SMM
In light of more working days in March, the monthly operating rate of lead-acid battery enterprises is estimated to increase 3 percentage points month-on-month.

SHANGHAI, Mar 16 (SMM) - In light of more working days in March, the monthly operating rate of lead-acid battery enterprises is estimated to increase 3 percentage points month-on-month. Amid the traditional off-season in March, most major enterprises plan production based on sales. During this period, some small and medium-sized enterprises report signs of weakening orders, especially the automotive battery enterprises. Supported by the policy of over-standard e-bicycle elimination, the demand for new bicycle batteries remains strong. Therefore, the production of these enterprises may increase steadily in March.

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In Light of More Working Days in March, Monthly Operating Rate Of Lead-Acid Battery Enterprises is Estimated to Increase - Shanghai Metals Market (SMM)