From a balanced market in 2015, undersupply of primary material and enduring tightness in secondary feed will start to bite later in 2016, pushing the supply-demand balance into deficit for this year, followed by a larger deficit in 2017. This catalyst for rising prices will trigger increased mine production which will return the market balance to a small surplus by 2018. Medium-term global growth is steady at 3.1% pa, with Asian vehicle demand being the most significant driver for this increased demand, as global economies continue the process of recovery and stability appears to have been largely re-established in China.
This report includes 12 file(s)
Global lead long-term outlook Q2 2016 PDF - 845.73 KB 40 Pages, 28 Tables, 14 Figures
Slide pack lead LTO Q2 2016.pdf PDF - 706.30 KB
Lead Tables LTO Q2 2016.pdf PDF - 1.63 MB
Demand analysis lead LTO Q2 2016.xls XLS - 502.00 KB
Demand main changes lead LTO Q2 2016.xls XLS - 148.50 KB
Supply main changes lead LTO Q2 2016.xls XLS - 550.50 KB
Production rankings lead LTO Q2 2016.xls XLS - 222.50 KB
Equity Production lead LTO Q2 2016.xls XLS - 4.48 MB
Mine analysis lead LTO Q2 2016.xls XLS - 2.65 MB
Smelter analysis lead LTO Q2 2016.xls XLS - 1.27 MB
Refinery analysis lead LTO Q2 2016.xls XLS - 1.28 MB
Market balance and prices lead LTO Q2 2016.xls XLS - 377.00 KB
As global demand weakens and commodity prices fall, we're seeing a challenging environment in the metals and mining industry. Mining companies are increasingly coming under pressure to reduce operating costs, causing many to shift their strategic planning, delay new investments and look to long-term future growth.
This Lead Long Term Outlook report provides a detailed breakdown of global supply and demand balances in this market, as well as price forecasts.
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Commodity market report | Jun 2016
Global lead long-term outlook Q2 2016
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