In April, raw material inventory at domestic lead smelters averaged 19.15 days of production, a month-on-month decrease of 1.38 days.
According to SMM survey, the supply and demand of the domestic lead ore market both increased in April. Some smelters slightly reduced or stopped production for maintenance due to tight raw material supply. The impact of production cuts at overseas mines has not yet abated, with almost no lead ore shipments arriving in April and May. Crude lead smelters in Hunan Province reduced production due to environmental protection inspections, and the number of days of raw material inventory at some smelters briefly declined.

![Le plomb au LME sous pression a reculé de 0,86 %, le plomb au SHFE a suivi la baisse lors de la séance de nuit, se maintenant sur la bande médiane de Bollinger [SMM Lead Morning News]](https://imgqn.smm.cn/usercenter/xVUpr20251217171722.jpg)
![SHFE et LME corrigent de concert, les prix du plomb se consolident à des sommets dans un contexte de déstockage et de prix fermes [Compte rendu de la réunion matinale SMM sur le plomb]](https://imgqn.smm.cn/usercenter/xVgcv20251217171721.jpg)
