Average Operating Rate of Lead-Acid Battery Producers Rose 1.69%

SHANGHAI, Nov 26 (SMM) – The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces increased 1.69 percentage points from November 19 to 78.57% as of Friday November 26.

According to SMM survey, the consumption in lead-acid battery market was largely unchanged. Some distributors increased their purchases as the lead prices rebounded. The orders received by companies were stable.

The lead-acid battery consumption recovered gradually in Southeast Asia amid alleviated COVID-19 pandemic. The export orders of ups and automobile battery companies increased. At the same time, the power rationing in Jiangsu and Zhejiang was eased, where the battery companies increased the production.