This week, end-use consumption in the lead-acid battery market showed no improvement, and some enterprises even reported worse orders, making the production and sales plan for June difficult to fulfill. As it is mid-year, some enterprises implemented sales promotions for finished batteries to stimulate demand, for example, the wholesale price of the main e-bike lead-acid battery model 48V20Ah was quoted at 370 yuan per unit, and a top-tier player plans to conduct live-streaming sales promotions during the "618" event. Meanwhile, lead prices have been falling recently, and during the week, spot lead even fell below 16,000 yuan. Downstream enterprises showed moderate purchasing enthusiasm, with rigid demand shifting more to the primary lead sector, and trading activity in the spot market improved.
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![Supply Tightens Provide Support & High Prices Suppress Demand, Lead Prices Move Sideways [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/guTSZ20251217171722.jpg)
![SHFE Lead Operates Above Bollinger Middle Band, Medium-Term Bullish Trend Unchanged [SHFE Lead Brief Review]](https://imgqn.smm.cn/usercenter/mfCMp20251217171721.jpeg)
