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Home / Metal News / China Motive Battery Consumption Slows Down on Rainy Weather, SMM Learns

China Motive Battery Consumption Slows Down on Rainy Weather, SMM Learns

Jun 28, 2017 16:36

Source:SMM

Motive battery consumption in Guangxi slowed down as rainy weather crippled replacement demand, leading to wholesale price of 48v20Ah at 510-550 yuan.

SHANGHAI, Jun. 28 (SMM) – Motive battery distributors in Guangxi told SMM that motive battery consumption slowed down as rainy weather crippled replacement demand, leading to wholesale price of 48v20Ah at 510-550 yuan.

Ignition Battery Orders Decline amid Falling Lead Price, SMM Reports

Distributors in Hubei faced sales decrease as most retailers already built stocks and end-user demand remained sluggish, reporting motive battery inventory at one month and price of 48v20Ah at 550 yuan.

Why Lead Price Skyrockets, Ignoring Weak Fundamentals? SMM Reports

Battery producers in Jiangsu held operating rates at around 90% for previous order delivery from distributors, despite of poor end-user demand, and purchased lead based on orders.

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Aug 22, 2017 14:04

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Traders in China's market had low price-making interest in response to low inventories, and firm price kept downstream battery producers at sidelines, resulting in sluggish trading.

Aug 3, 2017 14:08

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TCs for Chinese 50% lead concentrate were mainly at RMB 1,600-1,800/mt (Pb Content) last week, and few offers of imported concentrate (Pb 60%, Ag < 1,000g) were heard.

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TCs for Chinese lead concentrate to Stabilize for the Near Term, SMM Forecasts

LME Lead to Move in a Tight Range (2017-4-26)

Eyes should be on US dollar index on Wednesday. LME lead will move at USD 2,140-2,180/mt on Wednesday and SHFE 1706 lead will fluctuate between RMB 15,800-16,350/mt.

Apr 26, 2017 09:19

SMM Comments

LME Lead to Move in a Tight Range (2017-4-26)

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China Primary Lead Smelters Raise Operating Rate in March, SMM Reports

Global Lead Supply Reverse to Surplus in February 2017

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Global Lead Supply Reverse to Surplus in February 2017

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Apr 12, 2017 10:07

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SHFE Lead to Stabilize (2017-4-10)

LME lead will move at USD 2,230-2,300/mt on Monday and SHFE 1705 lead will stabilize 16,200-17,000/mt at RMB after a sharp decline.

Apr 10, 2017 09:18

SMM Comments

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Apr 7, 2017 09:41

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LME Lead to See Range-Bound Trading (2017-4-7)

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LME lead will fluctuate between USD 2,300-2,370/mt and SHFE 1705 lead will move at RMB 17,000-17,600/mt.

Mar 31, 2017 09:33

SMM Comments

LME Lead to Move in a Tight Range (2017-3-31)

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China Motive Battery Consumption Slows Down on Rainy Weather, SMM Learns

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