Battery Wholesale Price Lacks of Upward Strength amid Poor End-User Demand, SMM Reports

SHANGHAI, Jun. 23 (SMM) – Motive battery price rises constantly recently in response to large growth in lead price, such as 48v20Ah up to RMB 600.

Battery Producers Lift Price up amid Rising Lead Prices, SMM Reports

However, battery wholesale price is hard to trace up, with offers for 48v20Ah at RMB 540-550 and traded price at RMB 540-550.

Watch out for Lead Price Decline in Late June on Demand Decrease, SMM Warns

Because most distributors and retailers in face of rising inventories after rounds of stock-building reduce purchase interest.

Meanwhile, end-user demand remains sluggish.

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