Summary of SMM Automotive Battery Market on May 6

SMM5 June 6: Shandong dealers reflect the automotive battery market terminal consumption downturn, battery inventory digestion is slow, at the same time, the major brands continue to promote, the current main model 6-QW-45Ah wholesale in 160 yuan. Hebei manufacturers reflect that the overall demand for automotive batteries is not strong, coupled with fierce competition in the industry, battery sales are difficult to improve, the current factory operating rate of about 50%, another raw material lead on-demand procurement. Henan manufacturers reflect the general demand of automobile battery market, dealers' purchasing enthusiasm is limited, the current factory operating rate is maintained at 70%, finished product inventory in about a month.

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