Amid the Approaching Chinese New Year, the Delivery and Procurement of Lead-Acid Battery is About to End

Published: Jan 10, 2023 09:14 (GMT+8)

Source: SMM

Save

The terminal consumption of lead-acid battery market changed little last week.

SHANGHAI, Jan 10 (SMM) - The terminal consumption of lead-acid battery market changed little last week. With the approach of Chinese New Year, the restocking of traders which has lasted for one to one and a half months is about to end. In terms of the logistics, battery companies stopped the delivery to remote areas since the previous week at the earliest, which was about 10 days earlier than in previous years. And the delivery to other surrounding regions will be suspended around January 10. In terms of procurement, battery enterprises will take holiday since this week, hence the procurement of raw material decreased significantly last week and pre-holiday restocking is about to end this week.

Market

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Market caution rises as long holiday approaches; SHFE lead 2611 contract consolidates [Lead Futures Brief Review]

1 hour ago

3 hours ago

Data: SHFE, DCE market movement (Sep 29)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 29 Sep , 2026

3 hours ago

【SMM Flash News】Vox Agrees to Acquire 0.75% NSR Royalty over Sorby Hills Silver-Lead Project for US$13 Million

Vox Royalty announced that its Australian subsidiary had entered into a binding agreement to acquire an effective 0.75% net smelter return royalty over the Sorby Hills silver-lead project in Western Australia for US$13 million in cash from a private seller. The transaction has not yet closed and remains subject to customary conditions precedent and approval by Australia's Foreign Investment Review Board, with completion expected in Q4 2026. Sorby Hills is 100%-owned and operated by Boab Metals and is currently under construction. ACCESS Newswire Boab currently targets commissioning and ramp-up in H1 2027, first concentrate production in H2 2027 and full production by Q4 2027. The project is planned to produce approximately 68,000 tonnes of lead and 2.2 million ounces of silver annually over an initial 8.5-year mine life. The Phase IX drilling program completed in September comprised 47 sonic and diamond-core holes totaling approximately 5,880 metres. Resource-to-reserve conversion drilling has been completed across the B, Omega, Norton and Beta deposits, while further drilling is underway at the Keep zinc target.

3 hours ago