SMM July 30th: Shanghai market South lead 15780 yuan / ton, 50 yuan / ton for Shanghai lead 2008 contract; Jiangsu and Zhejiang market, South lead 15780-15800 yuan / ton, 50-70 yuan / ton for Shanghai lead 2008 contract. Lead futures continued strong momentum, the holder price delivery, quotation flat to maintain stability, while the downstream fear of high wait-and-see, less inquiry, bulk market transaction activity decreased significantly.
![SMM Primary Lead Smelter Weekly Operating Rate (June 12, 2026 - June 18, 2026) [SMM Primary Lead Production Weekly Review]](https://imgqn.smm.cn/usercenter/TmYox20251217171721.jpeg)
![Maintenance and Downstream Cargo Pick-Up Deplete Primary Lead Enterprises' Plant Inventory to Low [SMM Primary Lead Inventory Weekly Review]](https://imgqn.smm.cn/usercenter/bAjSC20251217171721.jpg)
