Operating rates at lead-acid battery makers rise on week

SHANGHAI, August 28 (SMM) – Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces averaged 72.98% in the week ended August 28, up 1.62 percentage points from the previous week, an SMM survey showed.

Production at battery makers in Jiangsu and Zhejiang recovered as the high temperature eased. In addition, driven by developments of domestic infrastructure construction, orders at some energy storage battery producers improved, prompting them to raise operating rates.