Summary of Automobile Battery Market on July 9 of SMM

SMM July 9: dealers in Yunnan reflect that the terminal consumption of the automotive battery market is depressed, coupled with the weakening of lead, and the risk aversion in the industry is thicker. In the near future, the main model is mainly digesting inventory, and the other main model, 6-QW-45Ah, is in the range of 170 to 180 yuan per unit. Manufacturers in Hebei region reflect that the demand for replacement of automotive battery market is not prosperous, dealer procurement enthusiasm is not high, finished product inventory is high, the current factory start-up rate of about 70%, raw material lead on demand procurement. Zhejiang manufacturers reflect the overall demand of the automotive battery market, coupled with the continuous decline in lead prices, dealers purchase cautiously, the current factory start-up rate is maintained at about 70%, the other raw material lead is basically based on long single purchase.

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