This week (May 1, 2026 - May 7, 2026), the average operating rate of primary lead smelters in three provinces was 65.88%, up 1.26 percentage points WoW. This week, two small and medium-sized lead smelters in Hunan and Yunnan completed maintenance and resumed production, with regional lead smelting output increasing slightly; Henan smelters maintained stable production, with the overall operating rate basically flat WoW; other regions, some small and medium-sized smelters in east China recovered after maintenance, and production rebounded.
![Lead Market Supply and Demand Both Weak, Beware of Risk of Lead Price Retreat after Rapid Rise before Delivery [SMM Lead Market Weekly Forecast]](https://imgqn.smm.cn/usercenter/LCtEk20251217171721.jpeg)
![Lead Prices Dipped Before Rebounding, While Spot Market Trading Turned Quiet [SMM Refined Lead Spot Market Weekly Review]](https://imgqn.smm.cn/usercenter/hrxHx20251217171721.jpeg)
