SMM July 22 Auto Battery Market Overview [SMM Evening News]

SMM reported on July 22: Dealers in Shandong region reported that the replacement demand for automotive batteries in the market was average, and retailers were cautious in purchasing. Currently, battery inventory is around one and a half months. Additionally, the wholesale price of batteries in the market is relatively stable, with the main model 6-QW-60Ah priced at 200-230 yuan per unit. Manufacturers in Zhejiang region reported that the overall demand for automotive batteries in the market was weak, and dealers were only purchasing as needed. To avoid inventory accumulation, the current factory operating rate is at 70-80%, and raw material lead is temporarily purchased through long-term contracts. Manufacturers in Guangdong region reported that domestic demand for automotive batteries in the market was sluggish, but due to tariff policy adjustments, some overseas customers have recently accelerated their orders, and export orders have relatively improved. Currently, the factory operating rate is above 80%.