SMM May 13 News: End-use consumption in the e-bike lead-acid battery market remained sluggish. Dealers only purchased as needed. In addition, as lead prices weakened, risk-averse sentiment was strong in the wholesale market. Furthermore, producers largely produced based on sales and were generally in a state of production cuts, with operating rates of medium and large enterprises varying from 60% to 90%. Meanwhile, battery market selling prices showed no significant changes for the time being.
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