Off-Season Demand Remains Unchanged, Downstream Enterprises Maintain Cautious Procurement [SMM Lead-Acid Battery Market Weekly Review]

       This week, the lead-acid battery market continued its off-season trend. Coupled with persistently weakening lead prices, risk-aversion sentiment ran high in the industry. Dealers purchased only as needed and remained cautious about expectations for the traditional peak season in August. Producer side, lead-acid battery enterprises maintained production cuts. Even as lead prices kept falling, downstream enterprises did not engage in concentrated bargain-hunting to build inventories. Some large enterprises met their production needs solely through long-term contracts, and spot market transactions remained sluggish.