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Traditional Consumption Off-Season Approaching, Battery Enterprises and Dealers Maintain Purchasing as Needed [SMM Lead-Acid Battery Market Weekly Review]
Feb 28, 2025, at 8:14 am
SMM, February 28: Recently, the replacement demand in the e-bike and automotive battery markets has shown no significant changes. Moreover, according to traditional seasonality, the lead-acid battery replacement market will enter the off-season in March. Dealers, concerned about a potential decline in battery selling prices, are making battery purchases only as needed. For instance, the inventory of e-bike battery dealers is mostly on par with 15-30 days. Additionally, lead prices remained stable during the week, and downstream enterprises showed low demand for spot orders due to the start of new monthly long-term contracts. Some enterprises restocked as needed, while transactions in the spot market were sluggish.