According to reports, the SMM weekly comprehensive operating rate for lead-acid battery enterprises in five provinces was 65.83% from January 30 to February 5, 2026, down 3.18 percentage points WoW.
Entering February, the impact of the Chinese New Year holiday gradually emerged. Recently, lead-acid battery enterprises successively arranged pre- and post-holiday work matters. They planned to suspend operations after shipping the final batch of batteries before logistics ceased. This week, some enterprises halted the preliminary processes of lead-acid battery production in the first half of the week. After battery charging was completed, factories officially began holidays over the weekend. Other enterprises planned to suspend operations successively next week. The weekly operating rate for lead-acid battery enterprises was expected to decline week by week.
![Spot orders for refined lead are sparse in quantity, and smelters have halted production for holidays due to loss pressures. [SMM Secondary Refined Lead Weekly Review]](https://imgqn.smm.cn/usercenter/TmYox20251217171721.jpeg)

