According to the Commodity Market Analysis System of Shengyi Society, the domestic 1 # lead ingot market will rise in June 2025, with an average price of 16475 yuan/ton at the beginning of the month and 17020 yuan/ton at the end of the month, a monthly increase of 3.31%.

On June 30th, the Business Society Lead Index was 103.58, a decrease of 0.23 points from yesterday, a decrease of 22.71% from the highest point of 134.01 points during the cycle (November 29, 2016), and an increase of 38.79% from the lowest point of 74.63 points on March 19, 2015. (Note: The cycle refers to the period from September 1, 2011 to present)
K-bar chart of commodity prices, using the concept of price trend K-line, in the form of a bar chart, reflects the weekly or monthly price changes. Investors can make buying and selling investments based on the changes in the K-bar chart. Red indicates an increase; Green indicates a decline; The height of the K-pillar represents the range of rise and fall.
At the beginning of the month, the overall fluctuation was not significant, but the price center continued to move up at a slow pace, indicating that in the market’s supply-demand tug of war, multiple forces had a slight advantage, which in turn pushed prices to show a moderate upward trend. The fluctuation range of lead prices in the middle of the month is relatively narrow. Although prices have shown a slight downward trend, the price center still moves up at a slow pace, and the lead price trend shows a strong bias. At the end of the month, some refineries began to undergo maintenance for primary lead, resulting in a decrease in supply and an increase in lead prices.
supply end
The supply situation of domestic lead concentrate remains stable, the production process of mining enterprises is progressing in an orderly manner, and the supply of raw materials is abundant. However, some lead smelting enterprises are affected by factors such as equipment maintenance and environmental inspections, which have limited the release of production capacity to a certain extent. This has slowed down the growth rate of lead ingot spot output, and the spot supply in the market tends to be tight, providing strong support for the rise of lead prices.
demand side
According to the operating rate data of lead-acid batteries, there is still a slight upward trend, but the overall market terminal consumption situation has not shown substantial improvement, and some enterprises are looking forward to the market recovery in July.
Prediction of future trends
As the traditional peak sales season for electric bicycles approaches, the fundamentals of the lead market have shown some signs of improvement recently. However, the overall market is still in a weak supply-demand situation, so it is recommended to approach the increase in lead prices with caution.