[Pb Demand] Battery Producers Still Unwilling to Buy Lead after Holiday

Published: Jun 23, 2015 17:26

Save

Lead-acid battery producers still showed little interest in buying raw materials on the first trading day after China’s Dragon Boat Festival, SMM learns.

SHANGHAI, Jun. 23 (SMM) – Lead-acid battery producers still showed little interest in buying raw materials on the first trading day after China’s Dragon Boat Festival, SMM learns.

Only a few battery makers replenished stocks in small amounts June 23, even though most producers have not built stocks before the holiday.

Many lead-acid battery producers were sitting on excess finished/semi finished product inventories, which left them more reluctant to produce during this offseason. Slower battery production cut lead demand.

Increased volatility in SHFE lead prices recently also left downstream producers cautious towards lead purchases.

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

China lead demand

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

19 mins ago

The Operating Rate of China's Scrap-derived Copper Anode Producers Declined

[SMM Copper Anode market] Due to the narrowing price difference between copper cathode and scrap, the operating rate of China's scrap-derived copper anode producers declined, with production mainly carried out to fulfill long-term contracts. From March 13 to 19, the operating rate of SMM scrap-derived copper anode plate enterprises was 58.31%, down 0.5 percentage points WoW. As copper prices fell sharply, the operating rate is expected to decline to 54.65% next week.

19 mins ago

48 mins ago

Copper Inventory Drops, Prices Fall, Stimulating Downstream Demand

According to data released by the SHFE on March 19, copper warrants saw significant declines across major regions, with total inventory dropping by 12,244 tons from the previous trading day, marking a substantial drawdown. Copper prices continued their downward trend during the day, with the trading range dipping to 94,000-95,800 yuan per ton. The price drop stimulated downstream companies' enthusiasm for buying on dips, pushing the spot premium/discount center upward. Taking advantage of the rebounding premiums, holders actively shipped their warrants, leading to a large outflow of inventory that was subsequently absorbed by downstream consumers. This indicates that current price levels have become increasingly attractive to end-users.

48 mins ago

2 hours ago

Data: SHFE, DCE market movement (Mar 19)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 19 Mar , 2026

2 hours ago