Operating Rate of Lead-Acid Battery Producers Up 6.36% from September 30

SHANGHAI, Oct 15 (SMM) – The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces increased 6.36 percentage points from September 30 to 70.37% as of Friday October 15.

Some producers have resumed production due to the end of National Day holiday. Some producers have started to raise output with consideration of the annual plan of production and sales. The power rationing in Jiangsu and Zhejiang intensifies after the holiday and the output at some small and medium-sized producers has been cut 20-30%, which does not affect the overall growth rate of operating rates.