Why Chinese AGM battery and GEL battery still in high price in 2017
Why Chinese AGM battery and GEL battery price still in high level in 2017?
Because of below three reasons, the lead price already started to increase crazy again:
1. The third environment inspection by goverment has started since this week, this will affect all battery factories produce.
2. Passed the first and second inspection by goverment in last year, over half of lead materials factories closed because of polution, the lead materials produced by the left lead materials factories are short of lack very much.
3. Goverment has issued many policies to control the housing price, so all investors have to put money to futures market, then the lead materials price will increase crazy again.
80% of AGM battery and GEL battery is made of lead, thuslead price increase heavily affected the battery price continue in high level.