According to the survey, from September 21 to September 27, 2024, the weekly operating rate of lead-acid battery companies in five provinces was 68.24%, an increase of 6.01 percentage points compared to September 20.
According to the survey, with the end of the Mid-Autumn Festival holiday, major lead-acid battery companies resumed normal production, resulting in a significant increase in the operating rate this week. From the perspective of end-user consumption, in late September, the consumption performance in the electric bicycle battery market showed little difference. Lead prices fluctuated, and the battery wholesale market maintained a promotional atmosphere. Dealers were cautious in purchasing before the National Day holiday, and many producers of this type of battery planned to take holidays during the National Day, ranging from 3 to 6 days. In contrast, the automotive battery market consumption slightly improved, and considering the seasonal replacement demand in winter, some companies intended to increase battery production plans. Their planned holiday time for the National Day is also less than that of electric battery companies, generally ranging from 0 to 7 days, mostly between 1 to 3 days.
Compared to the same period last year, the holiday duration for electric bicycle battery companies has been extended compared to 2023, while the holiday duration for automotive battery companies remained the same or shortened. The holiday duration for energy storage battery companies showed little difference.
