SMM February 2 Lead-Acid Battery Market Update [SMM Midday Review]

Published: Feb 2, 2026 12:28

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SMM February 2 News: Today, the price of electric polar plates (internal formation) was quoted at 18,000-18,250 yuan/mt. Demand in the lead-acid battery market remained sluggish, and with the Chinese New Year holiday approaching, major lead-acid battery enterprises have lowered their production plans for February. Most lead-acid battery enterprises have completed pre-holiday stockpiling of materials such as lead ingots. Even as prices for lead and tin declined, trading in the spot market remained sluggish.

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