The Traditional Off-Season Is Approaching, and Downstream Enterprises Are Relatively Cautious in Procuring Raw Materials [SMM Lead-Acid Battery Market Weekly Review]

        This week, end-use consumption in the e-bike and automotive battery markets showed mediocre performance, with dealers only purchasing as needed. Coupled with lead prices remaining in the doldrums and the approach of the traditional consumption off-season, dealers showed strong risk-averse sentiment, and some even waited for producers to cut prices and launch sales promotions. On the producer side, apart from some large enterprises that were relatively active in procuring lead ingots this week, other small and medium-sized enterprises mainly purchased as needed, or, with new-month long-term contracts beginning, mainly procured through long-term contracts. Regional transactions in the spot order market were moderate.