With the National Day holiday approaching, lead-acid battery enterprises will gradually enter the holiday state next week [SMM Lead-Acid Battery Weekly Operating Review]

Published: Sep 26, 2025 16:29

        According to reports, the SMM weekly comprehensive operating rate for lead-acid battery enterprises in five provinces was 71.62% from September 19 to September 25, 2025, up 0.56 percentage points WoW.

The weekly operating rate for lead-acid battery enterprises increased this week, primarily due to relatively improved demand in the e-bike lead-acid battery market. This improvement stemmed from moderate orders for complete vehicle supporting parts and some dealers restocking as needed before the National Day holiday, leading to stable or increased production at some enterprises. In contrast, automotive battery enterprises faced poor order situations, with some planning 5-8 day holidays during the National Day period and showing generally low production enthusiasm before the holiday. Consequently, production changes among lead-acid battery enterprises largely offset each other, resulting in only a slight increase in the operating rate. Additionally, with the upcoming National Day & Mid-Autumn Festival holidays next week, many major lead-acid battery enterprises have holiday plans, and their operating rates are expected to weaken subsequently.

 

 

 

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses
20 hours ago
Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses
Read More
Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses
Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses
Lead prices were in the doldrums, while secondary lead smelters maintained firm offers due to losses. The mainstream spot order ex-factory prices including tax narrowed the discount to the SMM #1 lead average price by 100 yuan/mt, shifting to a premium of 0–25 yuan/mt, with some smelters halting offers and sales.
20 hours ago
"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"
20 hours ago
"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"
Read More
"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"
"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"
Pre-holiday stockpiling by downstream enterprises had largely concluded, and a few had already entered the holiday period, completely suspending procurement. Next week, secondary lead smelters will enter a concentrated wave of production halts and holidays, resulting in sluggish trading activity in the spot market. Offers for spot refined lead orders were sparse, with prices moving in line with the market.
20 hours ago
Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt
20 hours ago
Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt
Read More
Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt
Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt
The domestic secondary crude lead market experienced sluggish transactions. As of February 6, 2026, the ex-factory tax-exclusive offers for domestic secondary crude lead stood at 15,250-15,400 yuan/mt. Downstream refined lead and alloy smelters gradually entered the holiday period, showing weak stockpiling willingness. Overseas lead ingot suppliers basically halted transactions with China due to poor consumption in the Chinese market, with only some previously concluded shipments maintaining normal in-transit transportation. The trading atmosphere in the secondary crude lead market will continue to weaken next week.
20 hours ago
With the National Day holiday approaching, lead-acid battery enterprises will gradually enter the holiday state next week [SMM Lead-Acid Battery Weekly Operating Review] - Shanghai Metals Market (SMM)