SMM, August 13:

Prices in the waste lead-acid battery market held steady today. Some smelters continued to raise purchase quotes, with the waste e-bike lead-acid battery purchase price raised by 20-100 yuan/mt, while adjustments for waste automotive lead-acid battery (white shell) and black shell varied. Recycling traders had already completed price adjustments following smelters over the previous two days. Today, recycling quotes in Hebei, Shandong, Sichuan, Fujian, and Northeast China, among other regions, remained unchanged, and the market as a whole showed relatively strong wait-and-see sentiment. Purchases on the recycling side were moderate; suppliers showed weak willingness to sell, and they mainly held back from selling and took a wait-and-see stance. A survey showed that although some smelters continued to raise purchase prices today, recycling traders had not yet followed the increase, mainly waiting to see whether smelters would adjust prices further, or waiting until prices gradually stabilized before making adjustments.
Scrap battery prices are expected to remain stable with a wait-and-see sentiment in the short term. If some smelters continue to raise purchase quotes, e-bike battery prices still have some upside room; if smelters stabilize their pace of price adjustments, recycling-side quotes may hold at current levels.
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