SMM

        Recently, end-use consumption in the lead-acid battery market has not shown significant improvement. In particular, due to the price spread between domestic and overseas markets for lead, battery exports have been hindered. In the domestic market, rising lead prices have increased cost pressure on lead-acid battery enterprises, with some companies reducing or halting production. As a result, spot lead trading volume decreased noticeably this week. In the battery wholesale market, for e-bike lead-acid batteries, some dealers have been hyping up a price increase atmosphere and plan to raise battery selling prices due to the rise in lead prices; however, actual selling prices have not followed suit. For automotive batteries, selling prices have remained stable.