Summary of Automobile Battery Market on October 30 of SMM

SMM October 30: Hebei dealers reported that the automotive battery market replacement demand is mediocre, battery sales have not changed greatly, and due to the decline in lead prices, the industry risk aversion is strong, the main model 6-QW-100Ah in 340 yuan / only. Zhejiang manufacturers reflect the general demand of the automobile battery market, coupled with the weak lead potential, hit the purchasing enthusiasm of dealers, new orders have been reduced, the current factory operating rate is about 80%. Guangdong manufacturers reflect that the demand for automotive batteries is not strong, and due to changes in tariff policy, some of the recent non-exports have been blocked, the current factory operating rate is maintained at 70%, battery inventory in about a month.

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