Summary of Automobile Battery Market on October 24 of SMM

SMM October 24: Jiangxi dealers reflect the market demand for automotive batteries in general, coupled with weak lead prices, the industry more cautious procurement, the current main model 6-QW-100Ah in 320-330 yuan. Hebei dealers reflect that the automotive battery market replacement demand is not prosperous, battery supply digestion is slow, battery wholesale market promotion atmosphere thickened, the main model 6-QW-45Ah wholesale 180-200 yuan / only. Zhejiang manufacturers reflect that the market consumption of automotive batteries is mediocre, coupled with the decline in lead prices, discouraging the enthusiasm of dealers to purchase, the current factory operating rate is maintained at 70-80%, raw materials lead on-demand procurement.

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