It was learned that the SMM weekly comprehensive operating rate for lead-acid battery enterprises in five provinces was 47.04% from February 6 to February 12, 2026, down 18.79 percentage points WoW.
As the Chinese New Year holiday approached, more migrant workers returned to their hometowns. Most lead-acid battery enterprises had relatively concentrated holidays around the Little New Year in the north and south (February 10-11), which led to a further decline in the weekly operating rate of lead-acid battery enterprises this week, with the drop exceeding 18%. Next week, the Chinese market will fully enter the Chinese New Year holiday period, and lead-acid battery enterprises will all suspend production. At that time, the weekly operating rate for lead-acid batteries will drop to the lowest level of the year.
![Weekly Brief Review of the Lead Concentrates Market (March 9, 2026–March 13, 2026) [SMM Lead Concentrates Weekly Review]](https://imgqn.smm.cn/usercenter/bAjSC20251217171721.jpg)
![Ample Supply Circulated in the Refined Lead Spot Market, Suppliers Shipped to Delivery Warehouses and Transferred Inventory, with Sparse Transactions [SMM Weekly Review of the Refined Lead Spot Market]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![SMM Weekly Operating Rate of Primary Lead Smelters (March 6, 2026–March 12, 2026) [SMM Weekly Review of Primary Lead Operating Rates]](https://imgqn.smm.cn/usercenter/TmYox20251217171721.jpeg)
