SMM

        This week, there has been no significant improvement in the demand for replacing e-bike and automotive batteries. Coupled with the pullback in lead prices after a surge, risk aversion sentiment has risen within the industry. Dealers have mainly focused on digesting inventories, with some enterprises reporting weak new orders and an accumulation of finished product inventories. Additionally, in terms of procurement by producers, downstream enterprises generally produce based on sales, mostly maintaining a state of just-in-time procurement. Some medium and large-sized enterprises have received partial spot orders, with variations in spot market transactions. Both the price spread and premiums and discounts have widened.