Recently, the e-bike and car battery markets remain in an off-season trend. The e-bike battery market sees strong sales promotions. Since late May, first-tier brands have been cutting battery prices. Although there were rumors that they planned to end promotions and restore prices in June, another first-tier brand launched a points-based “buy * get *” campaign in June. Currently, the main model 48V12Ah is wholesaled at 275-300 yuan per unit. In the car battery sector, producers have also cut prices for some battery models, leading to looser selling prices. Additionally, lead prices rose initially but then fell. Downstream enterprises intended to stockpile at low prices, but their purchasing was cautious, resulting in limited improvement in spot lead market transactions.
![Macro Weakness and Divergent Domestic and Overseas Fundamentals: LME Lead Prices Expected to Continue Outperforming SHFE [SMM Weekly Lead Market Forecast]](https://imgqn.smm.cn/usercenter/TmYox20251217171721.jpeg)
![Lead Prices Fluctuated Downward During the Week, Downstream Cautious Amid Fear of Price Decline, Purchase Willingness Low [SMM Refined Lead Spot Market Weekly Review]](https://imgqn.smm.cn/usercenter/lIHfM20251217171721.jpeg)
![SMM Primary Lead Smelter Weekly Operating Rate (May 29, 2026 - June 4, 2026) [SMM Primary Lead Smelting Operating Rate Weekly Review]](https://imgqn.smm.cn/usercenter/mfCMp20251217171721.jpeg)