Lead Ingot Price in China Eases 0.2% to USD 2,417/tonne
Primary lead ingot prices in China slipped over the week as smelters returned from maintenance, though the metal remains above its quarter and year ago levels.
Lead ingot in China was quoted at USD 2,417/tonne as of 2026-10-02, down 0.2% from USD 2,421/tonne on 2026-09-25. The month change stands at +0.9% from USD 2,395/tonne on 2026-09-02, the quarter change at +3.2% from USD 2,342/tonne on 2026-07-03, and the year change at +2.1% from USD 2,367/tonne on 2025-10-02. Over the past 52 weeks the commodity traded between a high of USD 2,514/tonne on 2026-01-07 and a low of USD 2,268/tonne on 2026-08-04.
According to Shanghai Metals Market, primary lead smelters in Henan, Inner Mongolia, and Yunnan completed maintenance and resumed production in mid-to-late September, a development dated 2026-09-30.
Downstream lead-acid battery enterprises completed concentrated pre-holiday stockpiling for the Mid-Autumn Festival and National Day, according to Shanghai Metals Market on 2026-09-29.
Shanghai Metals Market reported on 2026-09-30 that in-factory inventory at primary lead smelters fell to 600 mt as of September 30, down from 2,200 mt on September 17. It also reported on 2026-09-22 that August refined lead exports fell 82.30% month-on-month due to an inverted price ratio between domestic and international markets.