Lead Concentrates Market Weekly Brief (April 13, 2026 - April 17, 2026) [SMM Lead Concentrates Weekly Review]

This week, domestic smelters still noted that lead concentrate quotes varied considerably in the market, supply of high-grade (with lead content above 55%) lead concentrates remained tight, and market quotations were stable WoW. Some smelters mentioned that the slight increase in lead concentrate prices in April occurred because sellers chose to slightly raise TCs instead of adjusting the payable indicator after precious metal prices weakened, while lead concentrate supply did not show any notable easing. This week, lead concentrate TCs across regions were broadly steady, the rise in sulphuric acid prices had no significant impact on lead concentrate TCs, and silver payable indicators for lead concentrates of various silver contents held firm in the market.