Lead Prices Surge Sharply, Lead-Acid Battery Enterprises Shift to Wait-and-See Purchasing [SMM Lead-Acid Battery Market Weekly Review]

        This week, the consumption in the end-use market for lead-acid batteries showed relatively small differences. With widespread cooling across the country, the replacement demand for automotive batteries in parts of north China showed signs of improvement. Meanwhile, lead prices rose significantly this week, and news of price increases emerged in the wholesale market for e-bike lead-acid batteries. Some dealers intended to raise selling prices by about 20 yuan per set, but actual transaction prices had not yet changed. In addition, due to the sharp rise in lead prices in the latter half of the week, most downstream enterprises suspended their procurement and adopted a wait-and-see attitude. Trading in the spot lead market weakened noticeably compared to the beginning of the week.