SMM

        This week, there has been no significant improvement in the e-bike and automotive battery markets. Additionally, due to the notification from first-tier brand e-bike battery producers to raise battery selling prices in early July, some battery producers in certain regions have seen a relative improvement in orders. However, with the recent consecutive declines in lead prices, the atmosphere of price increases in the battery wholesale market has cooled down. Battery selling prices remained unchanged WoW, and some dealers still have inventories of batteries purchased at lower prices earlier, such as 48V20Ah batteries priced at 380 yuan/set. On the producer side, most lead-acid battery producers have maintained a state of producing based on sales. During the period of declining lead prices, the enthusiasm of battery producers for buying the dip has increased, and the trading activity in the lead spot market this week has improved compared to last week.