SMM April 22 Battery Market Update [SMM Midday Review]

SMM, April 22: The replacement demand for e-bike lead-acid battery scrap in the market is weak, and dealers mostly restock as needed. Due to the struggle of lead prices to rise, the promotional atmosphere in the battery wholesale market remains unchanged. For example, the wholesale price of the main model 48V20Ah is 410-430 yuan per set. Additionally, as the Labour Day holiday approaches, some companies plan to take a break during the holiday, with the specific number of days off still under discussion. Order to view SMM metal spot cargo historical prices.