Weekly Lead Concentrates Market Brief (April 27, 2026 - April 30, 2026) [SMM Lead Concentrates Weekly Review]

This week, lead concentrate TCs remained stable overall. Some mine enterprises indicated that lead concentrate TCs have almost no room for further decline, while imported ore prices were mainly quoted at -$150 to -$130/dmt. Affected by the recent tight supply-demand of zinc concentrates and copper concentrates, some suppliers of lead concentrates rich in zinc and copper adjusted the payable indicators for copper and zinc. Although the overall value of such copper-zinc-rich lead concentrates was raised, the payable indicators for lead and precious metals remained unchanged. The silver payable indicators for lead concentrates with various silver contents in the market remained firm.