Commodity Market Report
Global lead long-term outlook Q4 2020
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Report summary
The impacts of the coronavirus are still being felt in lead markets with upheaval in supply and plummeting demand. But the recovery has already shown some strength. Demand - especially in the auto sector - is springing back and already looks more optimistic in the long term than previously forecast. Threats still darken the skies over the lead market, despite an impressive price recovery since the depths of global lockdowns early in the year. Primary production remains vulnerable to early mine closures and cancelled projects. This report uses fully-updated data to present the latest forecasts and also considers the effects of two scenarios giving both a high and low outlook compared to our base case and outlines the effect this will have on lead prices.
Table of contents
- Scenario analysis
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