Operating rates of lead-acid battery dropped significantly on week

SHANGHAI, Jun 18 (SMM) - Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces lost 3.87 percentage points from June 11 to 66.96% as of Friday June 18.

The market of lead-acid battery remained in the traditional off-peak season, and most companies had reduced production. Many companies took holidays of 1-3 days for the Dragon Boat Festival this week, and the operating rates of lead-acid battery dropped significantly on the week amid fewer working days. The operating rates will recover next week.