Summary of Automobile Battery Market in SMM on June 21

SMM June 21: dealers in Hunan Province reflect low demand for replacement in the automotive battery market, coupled with falling lead prices, and strong risk aversion in the industry. at present, battery sales are mainly based on digested inventory, and the other main model, 6-QA-105Ah, is in 340 to 360 yuan per unit. Manufacturers in Yunnan region reflect that the automotive battery market is in the off-season, finished product orders have not improved, battery inventory remains high, the current factory opening rate is maintained at about 50%, another July plan or consider suspending production for 10 to 15 days. Henan manufacturers reflect the overall demand of the automotive battery market is light, of which supporting orders are particularly light, coupled with dealers procurement enthusiasm is poor, battery inventory has reached more than a month, another factory opened in the vicinity of 65%.

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