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.
![LME Lead and SHFE Lead Hit New Lows Again, Watch for Subsequent Inventory Changes [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/lIHfM20251217171721.jpeg)
![Macro Weakness Coupled with Lead Ingot Inventory Buildup, Short-Term Lead Prices Will Continue to Consolidate on a Subdued Note [SMM Lead Morning Meeting Minutes]](https://imgqn.smm.cn/usercenter/PKFMX20251217171721.jpg)
