Consumption in Lead-Acid Battery Markets Improves

SHANGHAI, Aug 24 (SMM) - Dealers in Anhui have reported that the end consumption of the motive lead-acid battery market is acceptable, and retailers are restocking on rigid demand. Battery sales are better than in July. The main battery model 48v20Ah is wholesaled at 280-300 yuan/group.

Manufacturers in Jiangxi have reported that the consumption of motive battery is improving, and orders for finished products have risen accordingly. The plants have resumed the production in full capacity. They purchased raw materials on rigid demand as lead prices fluctuated frequently.

According to manufacturers in Shandong, the electric bicycle battery market has entered the traditional peak season, and dealers are becoming more enthusiastic about purchasing, but the consumption in tricycle battery market is average, and the current factory operating rates are maintained at around 80%.