As of April 30, the in-factory inventory of major primary lead delivery brands was 15,000 mt, a WoW increase of 2,000 mt.
Recently, primary lead smelters saw both maintenance shutdowns and production resumptions coexisting, with regional output reductions in southwest and east China, and widening supply disparities across regions. In the consumer market, as downstream enterprises were about to take the Labour Day holiday, with some even starting their holidays early, pre-holiday stocking demand from downstream enterprises was limited. After a few battery enterprises went on holiday in the second half of the week, lead procurement volume shrank notably, and in-factory inventory at primary lead smelters edged up.
