[SMM Morning Lead News: Mixed Macro News During Holiday, LME Lead Falls to Near One-Week Low] SMM reported on May 6: Last Friday, LME lead opened at $1,954.5/mt. Trading in the futures market was sluggish during the Asian session, with LME lead basically consolidating between $1,960-1,970/mt...

【SMM Morning Lead Meeting Summary: Inventory Buildup Expected to Rise After Labour Day Holiday, Lead Prices May Remain in the Doldrums】During the Labour Day holiday, the sales revenue of key retail and catering enterprises nationwide increased by 6.3% YoY. Based on the holiday schedules of upstream and downstream enterprises in the lead industry chain, downstream lead-acid battery enterprises had longer holidays compared to lead smelters...

[SMM Analysis: Review of Lead Market During Labour Day Holiday and Market Outlook After the Holiday] SMM May 5 News: Due to the Labour Day holiday, the Shanghai Futures Exchange suspended night session trading from April 30. The holiday period was from May 1 to 5, during which no trading of SHFE lead took place. The domestic spot lead market also entered a state of suspended trading. Meanwhile, the London Metal Exchange in overseas markets continued trading as usual...

[SMM Analysis: Review of the Lead Market During the Labour Day Holiday and Market Outlook After the Holiday] SMM May 5 Report: Due to the Labour Day holiday, the Shanghai Futures Exchange suspended night session trading from April 30 onwards. From May 1 to 5, which was the holiday period, no trading took place for SHFE lead, and the domestic spot lead market also entered a state of suspended trading. However, the London Metal Exchange in overseas markets continued trading as usual...

Dear Visitors, Please be informed that our English website will suspend news updates during the upcoming Labour Day holiday. This suspension will be in effect from May 1 to May 5.

[SMM Analysis: Production Recovery After Maintenance, May's Primary Lead Output May Fully Recover from Decline] It is understood that in April, large enterprises in Henan province conducted equipment maintenance as planned, which was one of the main factors contributing to the decline in primary lead output this month. Meanwhile, lead prices fell sharply in April compared to March, with the most-traded SHFE lead contract dropping from a peak of 17,805 yuan/mt in late March...

[SMM Analysis: Recovery After Maintenance Dominates, May Primary Lead Production May Fully Recover from Decline] It is understood that in April, large enterprises in Henan province conducted equipment maintenance as planned, which was one of the main factors contributing to the decline in primary lead production this month. Meanwhile, lead prices fell sharply in April compared to March, with the most-traded SHFE lead contract dropping from a peak of 17,805 yuan/mt in late March...

[SMM Analysis: "Double Whammy" of Market Losses and Tight Raw Material Supply! Secondary Lead Production Declined in April. Can the Situation Be Turned Around in May?] SMM reported on April 30: In April 2025, the production of secondary crude lead declined, down 4.56% MoM and up 11.04% YoY; the production of secondary refined lead declined 4.26% MoM and increased 7.46% YoY.