SMM April 13 EV Battery Market Summary [SMM Evening News]

Published: Apr 13, 2026 17:29

Save

SMM April 13: Dealers in Jiangsu reported that replacement demand in the electric storage battery market remained weak, with retailers extending their restocking cycles. Current battery inventory stood at approximately one month. Additionally, battery wholesale selling prices remained unchanged, with the main model 48V12Ah priced at 280-300 yuan/set. Manufacturers in Zhejiang reported sluggish consumption in the electric storage battery market. Coupled with mediocre OEM orders overall, factory production line operating rates were at 70-80%. Considering raw material cost factors, battery selling prices had not been adjusted for the time being, with future adjustments to be determined based on market conditions. Manufacturers in Jiangxi reported that the electric storage battery market had entered the consumption off-season, with finished product orders weakening. To avoid inventory accumulation, factory operating rates were currently at approximately 80%. Additionally, lead prices weakened today, and factories purchased raw material lead as needed.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

[SMM Lead Afternoon Brief] Muted Asian Trading Session Keeps LME Lead in Volatile Momentum

Future market: As of April 13, during the Asia session, LME lead 3M prices showed a volatile trend, fluctuating within range of USD 1,913-1,921 per ton, lowest at USD 1912 per ton. The price was unable to increase beyond the previous Asia session’s high. The market opened around USD 1,919 per ton and quickly declined, as selling pressure dominated morning Asia session. Session closed at USD 1,922 per ton, decreased at -0.44% compared to the previous close. Asian lead spot market: Remelted lead is in shortage, smelters forced to cut on spot sales of refined lead in order to prioritize long-term contracts, resulting in high spot prices, quoted at premiums of USD 140-160 per ton over LME price. Also, rising energy costs make smelters cautious about operating at full capacity.

4 hours ago

6 hours ago

Tibet Huayu Mining Faces Control Change as Shareholder Sells 11% Stake to Henan Wanyang Qixin

On April 11, Tibet Huayu Mining Co., Ltd. issued a disclosure announcement regarding the signing of a "Share Transfer Agreement" and a "Concert Party Agreement" by its controlling shareholder, as well as the proposed change of control. According to the announcement, the equity change involved Henan Wanyang Qixin Management Co., Ltd. acquiring 90,196,117 shares of Tibet Huayu Mining Co., Ltd. held by Tibet Daoheng Investment Co., Ltd. through a negotiated transfer, accounting for 11.00% of the publicly listed firm's total share capital. In 2024, Tibet Huayu's production of zinc concentrates was 19,600 mt in metal content, lead-antimony concentrates (silver-bearing) 16,500 mt in metal content, gold concentrates 1.87 mt, and antimony concentrates 1,500 mt in metal content.

6 hours ago

Chinese Lead Smelter Resumes Production, Adds 300 mt Daily Output

[SMM Lead Market News Flash] It was learned that a large primary lead smelter in south-west China completed its equipment maintenance and resumed normal production over the weekend, contributing approximately 300 mt of daily production.

6 hours ago