SMM

SMM, Nov. 5 - End-use consumption in the e-bike lead-acid battery market remains sluggish. However, as lead prices hold up well, the wholesale battery market is seeing strong upward momentum, with some dealers planning to raise wholesale battery prices. For instance, the 48V20Ah model is quoted at 400-430 yuan per set. On the other hand, producers report weak finished product orders, and battery selling prices struggle to catch up.