End-use Market Consumption Is Weak, Lead-acid Battery Price Increases Are Difficult [SMM Lead-acid Battery Market Weekly Review]

       This week, end-use consumption in the lead-acid battery market still showed no significant improvement. Dealers mostly focused on digesting June inventory, and battery wholesale market quotes were chaotic. Some dealers planned to end sales promotions, while others continued to maintain low prices. For instance, the main e-bike lead-acid battery model 48V20Ah was quoted at 370-400 yuan per unit. Separately, on the producer side, as orders were weak, most producers produced based on sales, with plant operating rates ranging from 50% to 80%. Demand for lead ingot was also limited. Apart from moderate spot lead trading when lead prices were low early in the week, purchases by downstream enterprises gradually declined in the second half of the week.