SMM

        This week, the end-use consumption of the lead-acid battery market showed a widening disparity. Especially under the backdrop of lead prices holding up well, various battery markets performed differently. The consumption in the automotive battery market was relatively weak, coupled with poor export orders, leading to a struggle for the selling price in the wholesale market to catch up, and enterprises were also more cautious in production. In contrast, the e-bike lead-acid battery market, due to the implementation of new national standards for whole vehicles, saw moderate performance from some enterprises in terms of new vehicle compatibility. Meanwhile, there is another expectation of price increases in the wholesale battery market, with the main model 48V20Ah now priced at 390-420 yuan per set. Additionally, on the producer side, as the National Day holiday approaches, downstream enterprises are gradually stockpiling ahead of the festival, and the purchasing enthusiasm of e-bike battery enterprises is higher than that of automotive battery enterprises.