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Summary of SMM Automotive Battery Market on April 29
Apr 29,2020 17:40CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM4 29: Yunnan dealers reflect the automotive battery market replacement demand is low, the industry promotional atmosphere is strong, fierce competition among brands, battery inventory has been nearly 2 months, another main model 6-QW-45Ah in 150-160 yuan /. Hunan manufacturers reflect the general demand of automotive battery market, battery supply is difficult to sell, finished product inventory has increased to more than a month, short-term temporary digestion inventory, the current 6-QW-105Ah at 310 yuan. Zhejiang manufacturers reflect that the market demand for automotive batteries is not prosperous, in which supporting orders are weak, coupled with export hindrance, the current factory operating rate is 70-80%, raw materials lead to long single procurement.

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