SHANGHAI, Jul 24 (SMM) – Terminal demand was moderate last week. Prolonged lead price uptick led some electric bicycle storage battery brand companies who had raised battery price in early July to plan to the price again in late July, with price increase by 2-5 yuan/set. However, terminal consumption was not strong, and limited inventory of dealers was consumed. The enthusiasm for buying up was not high. In addition, there was a steep lead price increase and rigid demand from downstream buyers. Spot supply in the market was insufficient. Under this circumstance, most of the spot goods were traded at a premium.

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