SMM

SMM November 18: End-use consumption in the e-bike lead-acid battery market was moderate. As lead prices rose significantly in early November, some lead-acid battery enterprises planned to increase battery selling prices, and dealers purchased according to demand. However, as lead prices recently gave back most of their gains, the atmosphere for price increases in the wholesale battery market weakened. For example, the wholesale price for the main model 48V12Ah was reported at 300-320 yuan per set.