This week (April 24–30, 2026), the average operating rate of primary lead smelters in the three provinces was 64.62%, up 0.19 percentage points WoW.
This week, some smelters in the Yunnan region resumed production after maintenance, leading to a slight increase in lead smelting output. Smelters in Hunan and Henan maintained stable production, with overall operating rates flat WoW. A small-to-medium-sized smelter in Anhui saw some relief from raw material shortages, with its operating rate slightly boosted this week. A small smelter in Jiangxi experienced a decline in operating rate this week due to equipment failure and maintenance. Other major producing regions in China maintained overall stable smelting production.


![Weekly Review of Lead Futures Prices, 2026.4.27-2026.4.30 [SMM Lead Weekly Review]](https://imgqn.smm.cn/usercenter/hrxHx20251217171721.jpeg)
