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Summary of SMM Automobile Battery Market on April 20
Apr 20,2020 17:31CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4 20: Shandong dealers reflect the automotive battery market replacement demand is light, coupled with the lead price rise is weak, the industry more risk aversion less use, the current second and third line brand main model 6-QW-60Ah wholesale in 200-250 yuan / only. Hebei manufacturers reflect the low demand for automotive batteries, in which supporting orders have not improved for the time being, in order to avoid cumulative inventory, the factory operating rate has dropped to 60-70%. Zhejiang manufacturers reflect that the automobile battery market consumption is not prosperous, coupled with the continued hindrance of export orders, the company recently implemented promotions on finished batteries to stimulate dealers to purchase, the current factory operating rate is maintained at more than 90%.

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