SMM

        This week, there were slight differences in end-use consumption in the lead-acid battery market. In the e-bike lead-acid battery market, as the traditional peak season approaches and with the expectation of price increases by first-tier brands in the early stage, dealers' inventories have been somewhat reduced, and a small number of producers have shown intentions to increase production. However, in the automotive battery market, consumption has been weak, with dealers' inventories being digested slowly and battery selling prices struggling to rise. Producers have mostly adopted a produce-based-on-sales strategy. In terms of raw material procurement, lead prices have been in the doldrums this week, leading to differences in procurement strategies among downstream enterprises. Some have adopted a wait-and-see sentiment and are cautious in purchasing, while others are buying the dip, resulting in an expanded regional disparity in spot lead cargo transactions.