Late June End-Use Consumption Weakness Persists, Downstream Enterprises Also Cut Purchases [SMM Lead-Acid Battery Market Weekly Review]

       As of late June, replacement demand in the lead-acid battery market remained sluggish. Moreover, due to sales promotions on finished products by some battery enterprises in the first half of the month, battery inventory shifted to dealers, leading to accumulated dealer-side inventory. Meanwhile, the promotional atmosphere in the wholesale battery market weakened, and dealers in some regions intended to restore original selling prices, with the main 48v20Ah model quoted at 400-410 yuan per unit. On the producer side, large enterprises suspended purchases amid the semi-annual period, while other small and medium-sized enterprises engaged in dip-buying as lead prices weakened, though overall spot lead trading volume in the market contracted WoW.