SMM

SMM December 18 News: Dealers in Jiangxi region report that end-use consumption of automotive batteries is slightly better, and as this is the last month of 2025, the final batch of battery purchases has been completed, with battery inventory exceeding two months. Additionally, with the decline in lead prices, there are expectations for sales promotions, but wholesale battery prices have not changed yet. Manufacturers in Zhejiang region report that the automotive battery market has entered the traditional peak season, with domestic and overseas orders showing some improvement. Currently, the operating rate of factories has rebounded to around 80%, and raw material lead is being purchased as needed. Manufacturers in Hubei region report that the demand for replacement automotive batteries is improving, and given it is the year-end, considering the annual production and sales plan, the current factory operating rate is about 90%. In addition, with the recent weakening of lead prices, raw materials are being restocked at lower prices as needed.