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Home / Metal News / Profits Slow at China Motive Battery Producers

Profits Slow at China Motive Battery Producers

iconNov 20, 2015 17:34
Source:SMM
Profits narrowed further at China’s motive battery markers as weak price bit, SMM pointed out.

SHANGHAI, Nov. 20 (SMM) – Profits narrowed further at China’s motive battery markers as weak price bit, SMM pointed out.

Prices of leading motive batteries, such as 48v12Ah, once fell to 190 yuan, hit a fresh low for several years. This was mainly hurt by oversupply and price wars.

Falling #1 lead prices also dragged down motive battery prices. China spot lead prices retouched early Apr.’s low of 12,650-12,750 yuan per tonne on Nov. 19.

See the following table for more price information:

Date

SMM #1 lead Prices (yuan per tonne）

Prices of Lead Polar Plate for Motive Batteries (yuan per tonne）

 Leading 48V20Ah Motive Battery Prices (yuan per tonne）

Apr. 9

12,650-12,750

15,850-16,100

494-508

Nov. 20

12,650-12,750

15,850-16,050

440-470

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

China motive battery makers
motive battery

For queries, please contact William Gu at williamgu@smm.cn

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

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