SMM2 February 11 News: Dealers in Hunan reported that the market demand for electric bicycle lead-acid batteries is average. After the holiday, retailers restock as needed, with battery inventory lasting about half a month. Additionally, the battery market selling price remains unchanged, such as the wholesale price of 48V20Ah at 420 yuan/unit. Manufacturers in Jiangxi reported that the electric bicycle lead-acid battery market is gradually recovering after the holiday, but end-use consumption remains average. Dealers are restocking only as needed, and the current factory operating rate is around 50%. Raw material lead is mainly being used to digest inventory. Manufacturers in Jiangsu reported that factories have resumed normal production after the holiday, though workers have not fully returned. Coupled with average battery orders, the current factory operating rate is around 50%. In the short term, production will continue to consume pre-holiday inventory.
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