SHANGHAI, Jun 25 (SMM) - Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces gained 1.5 percentage points from the previous week to 60.8% in the week ended June 25, showed an SMM survey.
Henan and Hunan saw normal primary lead production this week. Hunan Chenzhou Xiongfeng has stopped the crude lead production line recently, and is expected to resume the production of refined lead and crude lead in July. Henan Shibin cancelled the production cut plan for the insufficient raw materials, and maintained normal production. Yunnan Hongqian resumed production this week, but not in full capacity.

![SHFE Lead Fluctuated Downward Intraday with Price Center Shifting Slightly Lower [Lead Futures Brief Comment]](https://imgqn.smm.cn/usercenter/PKFMX20251217171721.jpg)
![Lead Prices Rose Then Fell, Spot Market Trading Was Subdued [SMM Refined Lead Spot Market Weekly Review]](https://imgqn.smm.cn/usercenter/XMxKT20251217171720.jpeg)
![Lead Prices Retreat After Rapid Rise, Downstream Procurement Remains Cautious [SMM Secondary Refined Lead Weekly Review]](https://imgqn.smm.cn/usercenter/guTSZ20251217171722.jpg)
