[SMM survey] traditional consumption season is about to increase the weekly operating rate of lead-acid batteries.

SMM7, March 31: according to a survey by SMM, this week (July 27-July 31) the weekly comprehensive operating rate of lead battery enterprises in the five provinces of SMM was 69.63%, up 3.92% from last Friday.

According to the research, the traditional peak season of the electric bicycle and car battery market is just around the corner, coupled with the rise in lead prices, the purchasing enthusiasm of dealers is OK, and the orders of major enterprises have improved. Among them, such as the automotive battery sector, with the easing of the epidemic, battery orders from the African direction are improving, and battery companies are gradually increasing the operating rate. In addition, from next week to August, as the recent improvement in orders of battery enterprises mostly comes from dealers to buy reserve stores, the follow-up need to pay attention to whether the end market consumption season expectations are fulfilled.