SHANGHAI, Jul. 31 (SMM) – Leading battery producers raise motive battery prices by 20-30 yuan, SMM learns.
Leading battery producers increase 48v12Ah battery prices to 330 yuan and 48v20Ah battery prices to 516 yuan. Less famous battery prices are also up by 20-30 yuan, citing a growth to 280-295 yuan for 48v12Ah batteries.
Most mid-sized and small battery makers stay cautious about price hikes. Demand for batteries has not improved marginally in August and distributors expect further falls in battery prices. Early August, leading battery distributors majorly sell stocks built late July before price rises. 48v12Ah batteries quote 350-360 yuan but actually most settle at 310-330 yuan.
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