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Summary of SMM Automotive Battery Market on July 29th
Jul 29,2020 17:33CST
The content below was translated by Tencent automatically for reference.

SMM7 March 29th: Hubei dealers reflect the average performance of the automotive battery market during the peak season, while with the rise in lead prices, the industry generally buys up to replenish the stock, and now the battery inventory is about one and a half months, and the other main model 6-QW-45Ah is 180 yuan per unit. Hebei manufacturers report that the consumption of automotive battery market is mediocre, and dealers purchase on demand. At present, battery inventory has declined, factory operating rate has been maintained at around 90%, and lead is mainly purchased by long orders. Zhejiang manufacturers reflect that the market demand for automotive batteries is OK, mainly from the improvement of export orders, now the factory operating rate is more than 90%, raw material lead is purchased on demand, and due to the rise in raw material lead prices, battery prices may be raised in August.

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