China Scrap Battery Prices Trace Secondary Lead down

SHANGHAI, Nov. 11 (SMM) – Scrap battery prices in China follow secondary lead prices down currently, SMM learns.

Scrap motive batteries mainly trade at 7,250-7,350 yuan per tonne on Nov. 11, versus 6,750-6,900 yuan per tonne for scrap automobile batteries (white shell).

Downstream poor demand, overall bearishness and capital problems are behind the price falls, SMM says.

 For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.