End-use market off-season continues, downstream enterprises' procurement of lead ingot weakens [SMM Lead-acid Battery Market Weekly Review]

       Recently, the lead-acid battery market’s traditional off-season trend continued, with dealers’ response to battery sales promotions remaining tepid. Most dealers maintained purchasing as needed; for example, the wholesale price of the main e-bike lead-acid battery model 48V12Ah was reported at 270 yuan per set, while live streaming promotions were conducted during the "618" festival. On the producer side, this week, lead prices rebounded with volatility, and downstream enterprises’ purchasing enthusiasm for lead ingots weakened significantly WoW. On the one hand, lead inventory purchased earlier had not yet been consumed; on the other hand, the rebound in lead prices dampened downstream purchasing enthusiasm, leading to weaker spot lead market transactions.