SMM

        This week, there has been no significant improvement in end-use consumption in the lead-acid battery market. Coupled with the decline in lead prices, risk aversion sentiment has risen within the industry, and dealers have generally been purchasing as needed. As the traditional peak season for the e-bike lead-acid battery market approaches, there are still rumors of price increases in the battery wholesale market. For example, the main model 48V20Ah is quoted at 400-430 yuan/mt. In terms of raw material procurement by producers, lead prices have continued to fall this week, and the purchasing enthusiasm of downstream enterprises has improved significantly compared to WoW. Producers have gradually started to build up inventories at lower prices, and trading activity in the spot market has improved.