SMM

        This week, there was no significant improvement in end-use consumption in the lead-acid battery market. After the battery price increase in November failed to materialize, most dealers are now purchasing as needed. Currently, some producers are considering building inventory for winter, leading to increased enthusiasm for lead ingot procurement. However, the majority are focused on depleting stock from social warehouses. Additionally, following the rise in lead prices, some downstream enterprises have primarily relied on long-term contracts for procurement, resulting in a decline in trading activity in the spot order market for lead ingots.