Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
DashboardDatabaseProReportsEventsCar Insight
Language: 
Home / Metal News / Battery Producers Restrict Purchases or Stop Receiving Orders amid Sharp Rise in Cost, SMM Reports
Battery Producers Restrict Purchases or Stop Receiving Orders amid Sharp Rise in Cost, SMM Reports
Aug 9, 2017 17:01Source:SMM
Some battery producers restricted battery purchases, or even stopped receiving orders, as lower battery price growth over that of lead price increased cost sharply.
SHANGHAI, Aug. 9 (SMM) – Motive battery producers in Shandong announced to increase battery price, such as wholesale price of 48v20Ah up to 600 yuan.
In Jiangsu, price of 48v20Ah was 580 yuan on Wednesday. Local retailers were active in battery purchases and built stocks appropriately, triggered by sharp rise in lead price.
Motive Battery Price May Rise on Continuous Growth in Lead Price, SMM Reports
Battery producers in Zhejiang held operating rates at around 90% with improving purchase interest of distributors after lead price jumped up. Those producers bough lead based on orders.
SMM Survey: Supply Shortage Allows Lead Price to Rise Further
However, battery price growth was lower than that of lead price, increasing cost at battery producers sharply. Some battery producers thus restricted battery purchases, or even stopped receiving orders.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
SHFE lead
LME lead
lead prices
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Supply Shortage Constrains Secondary Lead Transaction in China, SMM Reports
Lead smelters sold goods actively, but tight supply restricted transaction.
Aug 24, 2017 16:54
Lead Spot Premiums Narrow amid Weaker SHFE 1710 Lead, SMM Reports
Cargo holders made firm offers in response to tight supply, and downstream producers increased inquiries.
Aug 24, 2017 14:07
LME Lead to Remain Range-Bound (2017-8-11)
LME lead will trade at USD 2,350-2,390/mt on Friday and SHFE 1709 lead will fluctuate at RMB 19,000-19,350/mt.
Aug 11, 2017 09:23
SHFE Lead Jumps 3.49% (2017-8-9)
SHFE 1709 lead opened at RMB 19,010/mt and closed at RMB 19,700/mt, up RMB 665/mt or 3.49%.
Aug 9, 2017 17:32SHFE Lead Closes with Small Losses (2017-8-3)
SHFE 1709 lead opened at RMB 18,555/mt and closed at RMB 18,425/mt, down RMB 15/mt or 0.08%.
Aug 3, 2017 17:16
SHFE Lead Strengthens (2017-8-2)
SHFE 1709 lead opened at RMB 18,185/mt and ended at RMB 18,445/mt, up RMB 255/mt or 1.40%.
Aug 2, 2017 17:29
LME Lead to Strength (2017-7-31)
LME lead will hover at USD 2,305-2,335/mt on Monday and SHFE 1709 lead will fluctuate between RMB 18,050-18,250/mt.
Jul 31, 2017 09:33
SMM Events & Webinars
All- Oct16
2024 （13TH）SMM METAL INDUSTRY ANNUAL CONFERENCE
Oct 16 - 18,2024Xining, Qinghai, China
- Oct24
2024 GLOBAL BATTERY RECYCLING CONFERENCE
Oct 24 - 25,2024Batteries, as key energy storage devices, are gradually becoming an indispensable part of daily life.To Be Determined
- Oct29
APAC TIN INDUSTRY CONFERENCE 2024
Oct 29 - 30,2024Shenzhen·Guangdong·China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
