Lead Prices Stagnate as Battery Producers Buy Low, Smelter Cuts Tighten Supply

Published: Feb 6, 2026 19:45

Save

Lead prices were in the doldrums this week, with some downstream battery producers buying the dip and stockpiling as needed. Additionally, the scale of production cuts and shutdowns at secondary lead smelters expanded, slowing down the supply pace. Combined with downstream demand and tightening supply, weekly finished product inventories of secondary lead dropped by 9,100 mt to 25,700 mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

Data: SHFE, DCE market movement (Mar 26)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 26 Mar , 2026

4 hours ago

SHFE Lead Rebounded Slightly After an Intraday Dip and Closed with a Small Bearish Candlestick [Lead Futures Brief Review]

4 hours ago

11 hours ago

LME Lead Bottomed Out, While SHFE Lead Retreated After Rapid Rise and Consolidated [SMM Lead Morning Brief]

11 hours ago

Related News

Data: SHFE, DCE market movement (Mar 26)

Mar 26, 2026 15:56

SHFE Lead Rebounded Slightly After an Intraday Dip and Closed with a Small Bearish Candlestick [Lead Futures Brief Review]

Mar 26, 2026 15:51

LME Lead Bottomed Out, While SHFE Lead Retreated After Rapid Rise and Consolidated [SMM Lead Morning Brief]

Mar 26, 2026 09:06

Tight Warehouse Supply in Jiangsu, Zhejiang, and Shanghai, Stronger Support From Firm Spot Price Offers [SMM Lead Morning Meeting Summary]

Mar 26, 2026 08:58