SMM

        Recently, the lead-acid battery market for e-bikes, automobiles, and other applications remains in the traditional off-season. Dealers are experiencing slow battery inventory digestion. With the approaching Labour Day holiday, some brands intend to increase their sales promotions for batteries, leading to a strong wait-and-see sentiment in the market. Regarding producers, as most enterprises have holiday plans during the Labour Day period, their pre-holiday stockpiling of lead ingots is relatively limited. Some enterprises only engage in purchasing as needed after lead prices pull back. This week, the activity of spot lead has significantly weakened compared to last week, with spot discounts further widening.