SHANGHAI, Jul 30 (SMM) - Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces lost 1.35 percentage points from the previous week to 59.4% in the week ended July 30, showed an SMM survey.
In Henan, Xinling and Jinli resumed production from last week’s power curtailment, but Xinling suspended crude lead production under the new power curtailment notice in the mid-week. The crude lead production is expected to recover next week, while the refined lead production was unaffected.
In Hunan, Yuteng halted production for maintenance this week, and is expected to recover operation next week. Shuikoushan Jinxin slightly reduced its production due to equipment failure.
Anhui Tongguan was still in maintenance, likely to resume production next weekend.
Xing’an Silver Lead in Inner Mongolia may conduct maintenance in late August, before which it will maintain normal production.
![LME Lead Rebounded Strongly After Hitting Bottom; SHFE Lead Opened Higher With a Gap, Came Under Pressure, and Pulled Back [SMM Lead Morning Brief]](https://imgqn.smm.cn/usercenter/qnyHQ20251217171721.jpeg)
![China's Lead Ingot Social Inventory Pulled Back, While Primary Lead Spot Discounts Narrowed Slightly [SMM Lead Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/rDPju20251217171722.jpg)
![The Most-Traded SHFE Lead 2605 Contract Retreated After a Rapid Rise but Closed Higher, with Strong Wait-and-See Sentiment in the Spot Market Amid the Tug-of-War Between Sellers and Buyers [Lead Futures Brief Commentary]](https://imgqn.smm.cn/usercenter/xVUpr20251217171722.jpg)
