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.
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