Summary of Automobile Battery Market on October 16 of SMM

SMM Oct. 16: dealers in Hunan reflect stable consumption of automotive batteries, and due to the weak rise in lead prices, some models have promotional conditions, and now the wholesale price of the main model 6-QW-45Ah is 190 yuan / unit. Zhejiang manufacturers reflect that the automobile battery market consumption is OK, coupled with good export orders, the current factory operating rate is maintained at about 90%, and the raw material lead is mostly replenished on demand. Sichuan manufacturers reflect the general demand for automotive batteries, and due to the weak lead potential, dealer procurement tends to be cautious, new orders have declined, the current factory operating rate is about 80%.

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