SMM February 20 Automotive Battery Market Overview [SMM Evening News]

SMM February 20 News: Dealers in Jiangxi reported that the demand in the automotive lead-acid battery market was mediocre, with retailers restocking only as needed after the holiday. Battery inventory is being consumed slowly, and the current battery inventory remains above one month. Additionally, the main model 6-QW-45Ah is wholesaled at 200-220 yuan per unit. Manufacturers in Zhejiang reported that the replacement demand in the automotive lead-acid battery market was average, with dealers making just-in-time procurement. Currently, factories produce based on sales, with production line operating rates at 60-70%, and raw material lead is restocked as needed. Manufacturers in Guangdong reported that the demand in the automotive lead-acid battery market was weak. Moreover, the unfavorable SHFE/LME price ratio for lead hindered battery exports, and overseas orders involved more price negotiations. Currently, factory operating rates are at 60-70%, and raw material lead is primarily consumed from inventory.》Subscribe to view SMM historical spot metal prices