SHANGHAI, Jun. 23 (SMM) – Motive battery price rises constantly recently in response to large growth in lead price, such as 48v20Ah up to RMB 600.
However, battery wholesale price is hard to trace up, with offers for 48v20Ah at RMB 540-550 and traded price at RMB 540-550.
Because most distributors and retailers in face of rising inventories after rounds of stock-building reduce purchase interest.
Meanwhile, end-user demand remains sluggish.
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