According to SMM data, the weekly overall operating rate of lead-acid battery enterprises across five provinces stood at 66.82% from June 12 to June 18, 2026, edging down 0.37 percentage points WoW.
In June, amid the mid-year period, production at major lead-acid battery enterprises remained relatively stable. However, end-use market consumption was sluggish. Some enterprises reported significant finished product inventory pressure. In addition, with the Dragon Boat Festival holiday approaching, lead-acid battery enterprises generally planned a 1-3 day holiday. Among them, a few enterprises advanced their holiday or extended it to five days due to insufficient orders, leading to a slight decline in the operating rate this week. The Dragon Boat Festival holiday this year falls on June 19-21. As enterprises enter the holiday period, the operating rate is expected to decline further next week.

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