SMM

        This week, the lead-acid battery market saw continued divergence in end-use consumption, while rising lead prices eased risk aversion sentiment among some dealers. In the automotive battery market, declining temperatures led to relatively improved battery replacement demand; however, due to increased lead costs, some enterprises maintained a produce-based-on-sales approach. The e-bike lead-acid battery market experienced weak end-use consumption, but rising lead prices prompted dealers in certain regions to consider raising wholesale battery prices, with some areas reporting planned increases of 20-30 yuan per set—the mainstream 48V20Ah model is currently priced at 390-410 yuan per set. On the producer side, as it is the year-end period, medium and large enterprises are focusing on capital recovery and closing accounts for inventory checks, leading to a significant WoW reduction in lead ingot procurement and sluggish transactions in the spot lead market.