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.
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