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Home / Metal News / Two Motive Battery Producers Raise Prices, Improving Transaction, SMM Reports

Two Motive Battery Producers Raise Prices, Improving Transaction, SMM Reports

May 24, 2017 13:34

Source:SMM

Two leading battery producers in China announced to raise motive battery price up by 30-50 yuan, such as 48v20Ah up to above 500 yuan。

SHANGHAI, May (24) – Two leading battery producers in China announced to raise motive battery price up by 30-50 yuan, such as 48v20Ah up to above 500 yuan, SMM learns.

The news eased market participants’ pessimistic outlook over motive battery market.

Many distributors started building low-price stocks with rising purchase interest, and orders at battery producers improved.

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

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Two Motive Battery Producers Raise Prices, Improving Transaction, SMM Reports

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