Lead-Acid Battery Stocks Mount on Poor Demand-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Nickel
  • MMi Iron Ore Port Index
  • Inventory data
  • Aluminium
  • Rare earths
  • Futures movement
  • Evening comments
  • price
  • Stainless steel spot
  • Smog alert
  • Morning comments
  • Copper
  • Sales data
  • SMM brief review

Lead-Acid Battery Stocks Mount on Poor Demand

SMM Insight 04:50:23PM Jun 05, 2015 Source:SMM

SHANGHAI, Jun. 5 (SMM) - Lead-acid battery distributors were sitting on excess inventories due to anemic demand, SMM learned.

Continued weakness in e-bike market dampened demand for motive batteries. That, combined with intense competition, left wholesale prices weak at at 500-510 yuan per set for 48v20Ah batteries.

Things were worse in automobile battery market which experienced a surge in inventories lately. This has forced some suppliers to cut prices. Branded battery prices fell by about 20-50 yuan per unit in the past month.

Lead-acid battery producers were pessimistic on future market because of insufficient new orders.


 For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Lead-Acid Battery Stocks Mount on Poor Demand

SMM Insight 04:50:23PM Jun 05, 2015 Source:SMM

SHANGHAI, Jun. 5 (SMM) - Lead-acid battery distributors were sitting on excess inventories due to anemic demand, SMM learned.

Continued weakness in e-bike market dampened demand for motive batteries. That, combined with intense competition, left wholesale prices weak at at 500-510 yuan per set for 48v20Ah batteries.

Things were worse in automobile battery market which experienced a surge in inventories lately. This has forced some suppliers to cut prices. Branded battery prices fell by about 20-50 yuan per unit in the past month.

Lead-acid battery producers were pessimistic on future market because of insufficient new orders.


 For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.