Lead Prices Plunge, Spurring Procurement by Downstream Enterprises [SMM Lead-Acid Battery Market Weekly Review]

       Recently, the off-season momentum in the e-bike and automotive lead-acid battery markets has persisted. Dealers' purchasing interest remained relatively weak, and coupled with declining lead prices, risk-aversion sentiment in the industry was pronounced, with producers indicating subpar orders. Meanwhile, sales promotions intensified in the battery wholesale market, and selling prices dropped further in some regions. For example, the main e-bike lead-acid battery model 48V12Ah was quoted at 260-270 yuan per unit. On the producer side, as lead prices fell, some enterprises bought the dip based on demand, leading to relatively improved regional transactions in the spot market.