SMM Battery Market Flash News on July 21 [SMM Midday Review]

SMM July 21 report: Today, the price of e-bike lead-acid battery scrap polar plates (internal formation) is reported at 18,300-18,500 yuan/mt. The traditional peak season for the lead-acid battery market has not yet emerged, while lead prices have rebounded after touching a low. Downstream enterprises have mostly maintained a produce-based-on-sales model. Some enterprises conducted buying the dip during the period of falling lead prices last week. After today's lead price increase, downstream enterprises' purchasing enthusiasm is not high, and production mainly focuses on digesting inventories.