Orders at Lead-Acid Battery Producers Mixed after Sales Promotion

SHANGHAI, Mar 27 (SMM) - The battery market conducted sales promotion, so did the electric bicycle and automobile markets. However, there were still differences in consumption among different regions. While vehicle promotions could drive some consumption, battery promotions have borne little fruit. Therefore, orders at lead-acid battery companies were mixed.

Large enterprises secured stable production as relatively brisk supporting orders offset the influence of reduced replacement orders. There were also a few enterprises having not reduce their production in order to make the first quarter financial report data look good, even if their orders were weakening. Small and medium-sized enterprises produced based on sales, and their production has shown a slow downward trend recently.