On the 29th of the month of SMM5:
According to the Shanghai Nonferrous Network (SMM) research, this week (May 22-May 29) SMM primary lead smelter weekly operating rate of 52.3%; Henan primary lead smelter operating rate of 63.8%; Yunnan primary lead smelter operating rate of 33.6%; Hunan primary lead smelter operating rate of 45%. The production of domestic smelters is stable this week, but due to weak consumption, the inventory of finished products begins to accumulate. In addition, there are refineries with maintenance plans. Chihong will start overhauling crude lead from May 20, and the impact on electrolytic lead production is expected from June to July.
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