The Off-Season Trend Remains Unchanged, Lead-Acid Battery Manufacturers and Dealers Generally Adopt Cautious Procurement [SMM Lead-Acid Battery Market Weekly Review]

This week, the off-season trend in the lead-acid battery market for e-bikes and automobiles remained unchanged. Dealers mostly engaged in just-in-time procurement, with more dealers focusing on digesting inventories, primarily due to high inventory levels among automobile battery dealers, with battery inventory levels from February to March. Producers indicated significant sales pressure for new batteries, and the battery market maintained a promotional atmosphere. On the raw material procurement side, lead prices fluctuated upward, and downstream enterprises were cautious in their procurement, making just-in-time procurement only for heavily discounted sources. The volume of spot lead transactions at a discount (against the SMM 1# lead average price) increased this week.