SMM April 30 update:
This week, mainstream transaction prices of domestic ordinary secondary crude lead (tax-exclusive) were 15,250-15,350 yuan/mt, with overall subdued downstream procurement. Previously contracted imported crude lead arrived at ports, supplementing the spot market. The current lead import window is closed, with very few new orders signed. Looking ahead to next week, secondary lead supply in China is expected to remain generally stable, and the inflow of ex-China sources is expected to further pull back.
![Lead Concentrates Market Weekly Brief (April 27, 2026 - April 30, 2026) [SMM Lead Concentrates Weekly Review]](https://imgqn.smm.cn/usercenter/rDPju20251217171722.jpg)
![Market Sentiment Remained Cautious, SHFE Lead Was in the Doldrums and Closed Lower [SHFE Lead Brief Review]](https://imgqn.smm.cn/usercenter/qnyHQ20251217171721.jpeg)
![SMM Secondary Lead Smelter Weekly Operating Rate, 2026.4.24-2026.4.30 [SMM Lead Weekly Review]](https://imgqn.smm.cn/usercenter/bAjSC20251217171721.jpg)
