SMM

        This week, end-use consumption in the e-bike lead-acid battery market was moderate, with some dealers restocking as needed ahead of the National Day holiday. Meanwhile, lead prices hovered at highs, and expectations of price increases reemerged in the wholesale battery markets of some regions. However, selling prices for batteries remained largely unchanged in most areas, with a few regions even continuing to move products at low prices—for instance, the mainstream model 48V20Ah was priced at 380-410 yuan per unit. The automotive lead-acid battery market performed modestly before the holiday, with dealers purchasing as needed. Coupled with weak export orders, lead-acid battery enterprises showed significantly lower enthusiasm for lead ingot stockpiling ahead of the holiday compared to e-bike lead-acid battery enterprises.