SMM Oct. 10: Hunan dealers reflect that the demand for replacement of automotive batteries is not strong, battery sales are mainly digested inventory, the current main model 6-QA-105Ah wholesale price of 330 yuan / unit, in addition, the current battery inventory in about half a month. Dealers in Shandong area reported that the terminal consumption of the automobile battery market was mediocre, and due to the decline in lead prices, retailers in the industry tended to be cautious in replenishing their warehouses. The current battery inventory was maintained within one month, and the main model 6-QW-45Ah was 180 yuan per unit. Zhejiang manufacturers reflect that the market demand for automotive batteries is OK, but due to the weak lead price, dealers purchase cautiously, new orders have been reduced, and the current factory operating rate remains around 90%.
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