SMM, 14 April:
South China lead in Guangdong market is 14280 yuan / ton, the average price of SMM1# lead is 80 yuan / ton. Henan Yuguang, Wanyang, Jinli and other smelters mainly produce long orders, and the supply is basically sold in advance this week: Hunan Shuikoushan 14300 yuan / ton, the average price of SMM1# lead up 100 yuan / ton (traders), Jiang copper 14300 yuan / ton, the average price of SMM net 100 yuan / ton, Anhui bronze crown 14400 yuan / ton, the average price of SMM net up 200 yuan / ton; Today, the supply of smelters is still relatively small, only some refineries single high water quotation, downstream procurement to recycled lead, the primary market trading is weaker than the previous month.

![Imported Refined Lead Arrivals Increase, Smelters Add New Maintenance Plans in April, Lead Prices Are Expected to Maintain a Fluctuating Trend in the Short Term [Brief Commentary on Lead Futures]](https://imgqn.smm.cn/usercenter/LCtEk20251217171721.jpeg)

