SHANGHAI, Jun. 27 (SMM) – Orders at ignition battery producers decrease, and 6-QW-45Ah is at 210-240 yuan per tonne, SMM reports.
SMM attributes sluggish end-user demand and falling lead price as the main factors to the decline.
In other news, secondary lead mainly trades at 15,500-15,600 yuan per tonne on Tuesday in China’s domestic market.
Secondary lead smelters are active in selling goods, while downstream battery producers show low purchase interest and produce goods by inventories on hand, leading to modest transaction in the market.
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