SMM July 16th Automotive Battery Market Overview [SMM Evening News]

SMM reported on July 16: Dealers in Jiangxi reported that there was no improvement in end-use consumption in the automotive battery market, retailers were purchasing as needed, and battery inventory remained high, currently above the two-month level. Additionally, the main model 6-QW-45Ah was priced at 160-180 yuan per unit. Manufacturers in Zhejiang reported that domestic demand for automotive batteries was average, coupled with poor export orders, including the impact of tariff policy changes and the SHFE/LME price ratio difference of lead. Currently, factories are producing based on sales, and the operating rate of production lines is at 60-70%. Manufacturers in Hebei reported that demand for automotive batteries in the market was average, and dealers were mostly purchasing as needed. To avoid inventory accumulation, the current operating rate of factories is maintained near 80%. Additionally, the procurement of raw material lead is mainly through long-term contracts.

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