Summary of SMM Automotive Battery Market on July 10th

SMM7 March 10: Hebei dealers report that the terminal consumption of automotive battery market is average, battery sales are mediocre, and the current inventory is more than a month, while the main model 6-QW-45Ah is 160 yuan per car. Zhejiang manufacturers report that the consumption of the automotive battery market has not improved for the time being, coupled with the rise in lead prices, the battery cost pressure has increased, but considering the weak consumption factors, the battery price has not yet been raised, and the factory operating rate has been maintained at 80%. Manufacturers in Shandong reflect that the replacement demand in the automotive battery market is general, while supporting orders are OK. At present, the factory basically sets production on the basis of sales, and the operating rate is maintained at 70%. Lead raw materials are mainly purchased by long orders.

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