SMM

        This week, there was a difference in end-use consumption in the lead-acid battery market. The demand for car batteries improved as temperatures dropped in various provinces and cities, and with the year-end approaching, dealers increased their purchases to meet annual sales targets, shifting enterprise inventory to dealers. In contrast, the e-bike lead-acid battery market saw a decline in replacement demand due to falling temperatures, coupled with the adaptation period for the new e-bike standards. Some enterprises reported a significant drop in orders for complete vehicle assemblies, which may affect future production. Additionally, with lead prices falling consecutively during the week, some downstream enterprises purchased as needed, resulting in moderate activity in the spot market.