SMM

        This week, the replacement demand in the lead-acid battery market improved relatively. Dealers purchased as needed. In the e-bike lead-acid battery segment, due to favorable foreign trade or supporting orders for a small number of enterprises, the delivery cycle for batteries to dealers lengthened. Some dealers' inventory dropped to less than half a month, and there was a shortage of some unconventional battery models. In contrast, the automotive battery market saw most dealers' inventory still above two months, and enterprises remained relatively cautious in production. During the week, lead prices rebounded after probing lower. Some downstream enterprises purchased as needed at low prices, and the trading activity in the lead-acid battery spot market improved WoW.