Industry sources said on the 15th that the earthquake in Japan will adversely affect China's lead-acid battery exports in the short term, but the long-term status of lead-acid battery exports remains stable.
Comprehensive media reported on March 15 that industry sources said on the 15th that the strong earthquake and tsunami that occurred in Japan on the 11th will have a negative impact on China's lead-acid battery export industry.
The earthquake and tsunami in Japan or the demand for lead, which was already weak in 2011, pose further constraints. The slowdown in the growth of Chinese auto sales has led to a slowdown in the demand for lead. Even if the battery sales only show a short-term decline, the situation will further deteriorate.
Lead-acid batteries account for 75% of China's total lead demand. China supplies lead-acid batteries to Japan for new car batteries and replacement batteries.
A sales manager of Henan Yuguang Gold and Lead Group Co., the largest lead smelter in China, said that since Japan’s three major car manufacturers have closed all auto factories, production has stopped and demand is positive. Will be affected.
However, he said that the impact should only be short-term, because the main reason for the suspension of production is power outages, rather than the destruction of automobile production plants, so as long as electricity is restored, production will return to normal.
Analysts said that the long-term status of lead-acid battery exports remained stable because of the stable demand in the automotive industry in overseas markets.
Hu Yongda, chief lead analyst at Beijing Antaike Information Development Co., said that the demand in the United States and European countries is quite strong, especially the demand for batteries, so he believes that the earthquake in Japan will not have a significant impact on China's exports. .
The sales manager of Henan Yuguang Golden Lead Co., Ltd. stated that since the beginning of 2011, sales have fallen by one-third from the same period of last year.
Hu Yongda expects that total lead demand in 2011 will be slightly lower than 4 million tons, still an increase of 8.4% over last year. In 2010, demand for lead increased by 9.4% to 3.69 million tons.
Hu Yongda said that as the development of China's auto industry began to stabilize, the growth rate of lead demand in 2011 will certainly decline.
Comprehensive media reported on March 15 that industry sources said on the 15th that the strong earthquake and tsunami that occurred in Japan on the 11th will have a negative impact on China's lead-acid battery export industry.
The earthquake and tsunami in Japan or the demand for lead, which was already weak in 2011, pose further constraints. The slowdown in the growth of Chinese auto sales has led to a slowdown in the demand for lead. Even if the battery sales only show a short-term decline, the situation will further deteriorate.
Lead-acid batteries account for 75% of China's total lead demand. China supplies lead-acid batteries to Japan for new car batteries and replacement batteries.
A sales manager of Henan Yuguang Gold and Lead Group Co., the largest lead smelter in China, said that since Japan’s three major car manufacturers have closed all auto factories, production has stopped and demand is positive. Will be affected.
However, he said that the impact should only be short-term, because the main reason for the suspension of production is power outages, rather than the destruction of automobile production plants, so as long as electricity is restored, production will return to normal.
Analysts said that the long-term status of lead-acid battery exports remained stable because of the stable demand in the automotive industry in overseas markets.
Hu Yongda, chief lead analyst at Beijing Antaike Information Development Co., said that the demand in the United States and European countries is quite strong, especially the demand for batteries, so he believes that the earthquake in Japan will not have a significant impact on China's exports. .
The sales manager of Henan Yuguang Golden Lead Co., Ltd. stated that since the beginning of 2011, sales have fallen by one-third from the same period of last year.
Hu Yongda expects that total lead demand in 2011 will be slightly lower than 4 million tons, still an increase of 8.4% over last year. In 2010, demand for lead increased by 9.4% to 3.69 million tons.
Hu Yongda said that as the development of China's auto industry began to stabilize, the growth rate of lead demand in 2011 will certainly decline.
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