SMM

SMM December 19 News: Today, the price of electric lead plates (internal formation) was reported at 18,700-18,950 yuan/mt. The demand in the lead-acid battery market was moderate, with producers adopting a produce-based-on-sales approach. The operating rates of production lines mostly ranged from 60% to 90%. Additionally, lead prices have recently shown a trend of jumping initially and then pulling back. Downstream enterprises have gradually restocked at lower prices as needed, and transactions in the spot market have relatively improved.

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