SMM

        After the holiday, end-use consumption in the lead-acid battery market showed relatively little difference compared to pre-National Day levels. Currently, orders for new e-bikes in the e-bike lead-acid battery market are moderate, while replacement market demand remains average. Selling prices in the wholesale battery market have remained basically stable, with the main model 48V12Ah currently priced at 280-310 yuan per set. Consumption in the automotive lead-acid battery market is sluggish, particularly in the battery export segment, which has performed poorly. Producers have also been relatively cautious in their operations. Additionally, lead prices held up well this week, leading many lead-acid battery enterprises to adopt a wait-and-see approach. Post-holiday trading activity in the lead ingot market significantly decreased compared to pre-holiday levels, with only a small amount of just-in-time procurement taking place.