SHANGHAI, Dec 11 (SMM) – Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces lost 1.7 percentage points from the previous week to 60.9% in the week ended December 11, showed an SMM survey.
Maintenance at Yunnan Zhenxing is expected to last for 15 days, and Henan Xinling will conduct maintenance next week. Hunan Huihong Technology started trial production this week.

![Open interest continued to pull back, pushing up lead prices, while spot lead performance limited the gains [Lead Futures Brief]](https://imgqn.smm.cn/usercenter/riosq20251217171722.jpg)

