SHANGHAI, Jun. 27 (SMM) – Orders at ignition battery producers decrease, and 6-QW-45Ah is at 210-240 yuan per tonne, SMM reports.
Watch out for Lead Price Decline in Late June on Demand Decrease, SMM Warns
SMM attributes sluggish end-user demand and falling lead price as the main factors to the decline.
Battery Wholesale Price Lacks of Upward Strength amid Poor End-User Demand, SMM Reports
In other news, secondary lead mainly trades at 15,500-15,600 yuan per tonne on Tuesday in China’s domestic market.
Secondary lead smelters are active in selling goods, while downstream battery producers show low purchase interest and produce goods by inventories on hand, leading to modest transaction in the market.
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