Summary of SMM Automotive Battery Market on May 27th

SMM5 March 27: Shandong dealers reported that the automobile battery replacement market is in the off-season, battery consumption is general, the battery wholesale market maintains a promotional atmosphere, and now the main model 6-QW-45Ah is 150 Mel 160 yuan per unit. Hebei manufacturers reflect that the market demand for automotive batteries is light, the purchasing enthusiasm of dealers is poor, at the same time, major brands continue to promote sales, battery orders have not improved for the time being, and the current factory operating rate is around 50%. Manufacturers in Guangdong reported that there has been no significant improvement in the consumption of automotive battery market for the time being, coupled with poor export orders, battery inventory is still on the high side, and the current factory operating rate is about 70%.

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