Summary of SMM Automobile Battery Market on April 1

SMM4 1 / PRNewswire-Asianet / Shandong dealers reflect light demand for automotive batteries, coupled with large fluctuations in lead prices, cautious procurement by retailers, and thickening of the promotional atmosphere in the battery wholesale market. At present, the main model 6-QW-45Ah is 150-160 yuan per unit. Zhejiang manufacturers reflect that the market demand for automotive batteries is mediocre, and export orders are limited due to the epidemic situation. Recently, battery orders have generally begun to promote finished batteries, and the factory operating rate is still maintained at more than 90%. Guangdong manufacturers reported that due to the overseas epidemic, transport restrictions in a number of ports, some orders delayed or cancelled, finished goods orders depressed, the current factory operating rate remains at around 70%, if orders continue to weaken, do not rule out the consideration of reducing production.

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