SMM July 31:
This week, scrap battery market showed mixed performance. EV battery prices were mainly down, while prices for other categories remained largely stable. Only a few producers raised flooded battery prices during the week. Smelters' losses-driven push for lower prices and suppliers' holding back from selling formed a stalemate. Even when lead prices rebounded, it was difficult to transmit to the raw material side. Currently, battery enterprises showed weak purchasing enthusiasm. Secondary lead finished product inventories rose while operating rates declined, leading to limited demand for scrap batteries; It is expected that next week, waste lead-acid battery prices will continue to consolidate on a subdued note, with a possibility of lower buying prices. Tight supply will limit the decline. Keep monitoring lead prices and end-use consumption in August.
![Demand Shows No Improvement Expectations, Secondary Crude Lead Maintains a Weak Trend [SMM Secondary Crude Lead Weekly Review]](https://imgqn.smm.cn/usercenter/xVUpr20251217171722.jpg)
![Lead Prices in the Doldrums amid Limited Decline in Raw Materials, Loss-making Range of Smelters Widens [SMM Secondary Refined Lead Weekly Review]](https://imgqn.smm.cn/usercenter/mIbTL20251217171721.jpg)
![Multiple Factors Fuel Inventory Growth, Expectations for Production Cuts Restrain Secondary Lead Inventory Buildup Speed [SMM Secondary Lead Inventory Weekly Review]](https://imgqn.smm.cn/usercenter/yqTpQ20251217171721.jpeg)
