SMM

        This week, there have been no significant changes in end-use consumption in the lead-acid battery market. Dealers are experiencing slow inventory digestion, with inventory levels ranging from half a month to over two months. In some regions, flash sales have reappeared, such as the promotional price of 270-280 yuan per group for the wholesale price of 48V12Ah e-bike batteries. The wholesale market for automotive batteries is also in a promotional atmosphere. Especially after the decline in lead prices, there is a strong risk-averse sentiment in the industry. Retailers are controlling inventory levels, buying only as needed and selling immediately, making it difficult for dealers to destock. Additionally, producers are generally adopting a produce-based-on-sales strategy. After the decline in lead prices during the week, some downstream buyers purchased on a dip-buying basis as needed, and market trading activity has relatively improved compared to WoW.