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

iconJan 10, 2023 09:14
Source:SMM
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.

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