LME lead opened at $2110/mt last Friday and fell by 0.38% to close at $2100/mt, after hitting the lowest point at $2095/mt and the highest point at $2139.5/mt.
The most traded SHFE 2310 lead contract opened at 16205 yuan/mt and fell 0.31% to 16170 yuan/mt, after briefly hitting a high point at 16260 yuan/mt and the lowest point at 16145 yuan/mt.
![Weekly Brief Review of the Lead Concentrate Market (January 26, 2026–January 30, 2026) [SMM Lead Concentrate Weekly Review]](https://imgqn.smm.cn/usercenter/XMxKT20251217171720.jpeg)
![This week, lead prices were in the doldrums, and the discount for primary lead narrowed slightly toward the weekend. [SMM Refined Lead Spot Market Weekly Review]](https://imgqn.smm.cn/usercenter/bAjSC20251217171721.jpg)
![SMM Weekly Operating Rate of Primary Lead Smelters (January 23, 2026–January 29, 2026) [SMM Weekly Review of Primary Lead Operating Rates]](https://imgqn.smm.cn/usercenter/PKFMX20251217171721.jpg)
