End-use market consumption falls short of expectations; frequent battery sales promotions [SMM Lead-Acid Battery Market Weekly Review]

       This week, end-use consumption in the e-bike lead-acid battery and automotive battery markets showed mediocre performance; coupled with a lack of upward momentum in lead prices, quotations in the battery wholesale market were relatively chaotic. After the e-bike battery sales promotions ended in August, first-tier brand enterprises plan to raise battery selling prices in early September, with an increase of about 10 yuan per unit; however, end-use consumption fell short of expectations, and dealers in some regions again implemented promotions on batteries, with the mainstream model 48V20Ah wholesale price reported at 360-375 yuan per unit. In addition, consumption in the automotive battery market also showed divergence, with some enterprises launching a new round of sales promotions after the August promotions ended. Recently, lead-acid battery enterprises have maintained production based on sales, remained cautious in purchasing lead ingot, and spot market transactions were mediocre.