SHANGHAI, May 22 (SMM) – Most distributors in face of weak lead price and battery off-season are cutting battery purchases and reducing battery inventories.
Inventories at distributors are low with that at 10-15 days of motive battery, and 25-30 days of ignition battery.
In other news, distributors plan to build low-price stocks in June, when battery producers will conduct promotions with big discounts to spur semi-annual sales.
SMM 2017 Lead & Zinc Summit: Where Lead Price to Go in the Rest of Year after Plunge?
Collections of Stories in Base Metal Market at SMM 2017 Lead&Zinc Summit
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