Monthly Lead Market Report Aug 2025

Contents

1 Market Highlights 2
2 Economy and Policy 2
2.1 Hunan issues guidelines to boost industrial resource utilization 2
3 Market Movements 2
3.1 Market Movements in China 2
3.1.Asian Metal Copyright2 Lead concentrate 60%min 2 3.Asian Metal Copyright1 Lead ingot 99.994%min 2
3.1.2 Lead concentrate 60%min 2
3.1.3 Imported lead concentrate 50%min 3
3.1.Asian Metal Copyright1 Lead ingot 99.Asian Metal Copyright4 Secondary lead ingot 99.994%min 3
3.1.5 Secondary lead ingot 98%min 3
3.1.6 Recycled battery 3
4 Company News 4
5 Producers Statistics 4
5.1 Primary lead ingot 4
5.1.Asian Metal Copyright2 China's secondary lead producers' output up by 5.Asian Metal Copyright1 China's primary lead producers' operating rate down by 0.82% YoY in Aug 2025 4
5.1.Asian Metal Copyright1 China's secondary lead producers' operating rate down by 2.Asian Metal Copyright2 China's primary lead producers' output up by 3.39% YoY in Aug 2025 4
5.1.Asian Metal Copyright3 Imported lead concentrate 50%min 3 3.Asian Metal Copyright3 China's primary lead producers' stocks down by 55.95% MoM in Aug 2025 5
5.2 Secondary lead ingot 5
5.2.Asian Metal Copyright2 China's primary lead producers' output up by 3.Asian Metal Copyright1 China's secondary lead producers' operating rate down by 2.09% YoY in Aug 2025 5
5.2.Asian Metal Copyright5 Secondary lead ingot 98%min 3 3.Asian Metal Copyright2 China's secondary lead producers' output up by 5.27% YoY in Aug 2025 5
6 Customs Statistics 5
6.1 China's lead concentrate import volume rose 28.35% YoY in Jul 2025 5
6.2 India's refined lead import volume decreased 55.59% YoY in May 2025 6
6.3 China's refined lead import volume grew 318.28% MoM in Jul 2025 6

.Asian Metal Copyright1 Primary lead ingot 4 5Asian Metal Copyright