Weekly Review of Lead Concentrates Market (April 26, 2025 - May 2, 2025) 【SMM Lead Concentrates Weekly Review】

According to SMM, the inventory of imported lead concentrates held by traders has declined, and there have been no forward delivery order quotations for several consecutive weeks. Some traders indicated that the actual transaction price for the TCs of imported lead concentrates is expected to remain negative, with silver refining charges having already dropped to zero. Smelters relying on imported ore generally stated that their recent raw material purchases are mainly based on long-term contracts signed in the past or spot orders for forward delivery, with low intention to sign new orders and a general wait-and-see attitude. Domestically, the market quotations for lead concentrates in May remained generally stable, with a decline in both supply and demand in some regions. There have been no significant changes in the TCs quotations across various regions.

》Click to view the SMM Metal Industry Chain Database