China Ignition Battery Markets See Divergent Transaction, SMM Reports

Published: Jul 5, 2017 17:07
Ignition battery markets reported divergent transaction on Wednesday.

SHANGHAI, Jul. 5 (SMM) – In Hunan, distributors report slow consumption due to poor ignition battery replacement demand. This, combined with price fallback in lead market, restricts battery wholesale price hike, such as 6-QW-45Ah at RMB 190-200 on Wednesday.

Ignition battery replacement demand improves in Henan due to high-temperature weather, but most retailers have built stocks, leading to small rise in battery sales at distributors. 6-QW-45Ah was RMB 220 on Wednesday.

Motive Battery Producers Hold High Operating Rates for Previous Order Delivery, SMM Reports

Ignition battery producers in Zhejiang are operational fully with nearing of peak season and purchased raw material based on orders, despite of sluggish orders led by low demand.

For news cooperation, please contact us by email: sallyzhang@smm.cn orservice.en@smm.cn.

 

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

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Flash] New Liquid Sulphur Cargo Arrives at Weifang Port
1 hour ago
[SMM Flash] New Liquid Sulphur Cargo Arrives at Weifang Port
Read More
[SMM Flash] New Liquid Sulphur Cargo Arrives at Weifang Port
[SMM Flash] New Liquid Sulphur Cargo Arrives at Weifang Port
Recently, the liquid sulphur vessel Eastern Poseidon has berthed and commenced cargo operations at Weifang Port. The vessel has a full load capacity of 4,914 tons. It departed from Yokkaichi Port, Japan on July 16, carrying approximately 3,000 tons of liquid sulphur.
1 hour ago
[SMM Flash]Kazakhstan opens new access to the Indian Ocean, unlocking export potential for sulphur
2 hours ago
[SMM Flash]Kazakhstan opens new access to the Indian Ocean, unlocking export potential for sulphur
Read More
[SMM Flash]Kazakhstan opens new access to the Indian Ocean, unlocking export potential for sulphur
[SMM Flash]Kazakhstan opens new access to the Indian Ocean, unlocking export potential for sulphur
Kazakhstan and Iran have signed a 27-year cooperation agreement to build a dedicated logistics terminal at Shahid Rajaee Port. The facility is scheduled to be completed within two years and commence commercial operations in the third year. The project opens an outbound shipping route connecting to the Persian Gulf, South Asia, Southeast Asia and East Africa, strengthens the International North–South Transport Corridor (INSTC), and expands export channels for Kazakh sulphur. In the medium to long term, it is expected to unleash Kazakhstan’s sulphur export capacity and reshape regional sulphur trade flows. Notes: The project is currently at the agreement signing stage and construction has not yet started. At least two years remain before commissioning; impacts will materialise over the long run with no immediate supply disruption. Geopolitical risks: Uncertainties surrounding the Strait of Hormuz and the situation in Iran may affect project progress. Transport route: Sulphur will need to be transported via the Caspian Sea or overland across Central Asia and inland Iran to reach the port. Customs clearance and freight stability along the entire cross-border overland corridor remain subject to variables.
2 hours ago
Expectations for Peak Consumption Season Remain Weak, Lead Prices Consolidate on a Weak Note [SMM Lead Morning Brief]
4 hours ago
Expectations for Peak Consumption Season Remain Weak, Lead Prices Consolidate on a Weak Note [SMM Lead Morning Brief]
Read More
Expectations for Peak Consumption Season Remain Weak, Lead Prices Consolidate on a Weak Note [SMM Lead Morning Brief]
Expectations for Peak Consumption Season Remain Weak, Lead Prices Consolidate on a Weak Note [SMM Lead Morning Brief]
4 hours ago
China Ignition Battery Markets See Divergent Transaction, SMM Reports - Shanghai Metals Market (SMM)