Operating Rate of Lead-Acid Battery Producers Unchanged On Week

SHANGHAI, Oct 22 (SMM) – The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces stood at 70.37% as of October 22, basically flat from the prior week.

According to SMM research, the power rationing continued to impact the production activities in Jiangsu and Zhejiang, with some producers still in suspension of production. Besides, some lead-acid battery producers in Shandong and Liaoning have been required to adopt staggered production amid short supply of coal-fired electricity in the heating season, and a few producers were already out of finished goods.