Commodity Market Report
Global lead short-term outlook April 2022
Report summary
A quiet April saw the lead price trading sideways in a narrow band, peaking up 1% but finishing down 7%, together with the other key base metals being pushed downward by a strengthening dollar. Some support did come from tight stocks across the base metals sector, with lead only just above the historical multi-year low of last month, and with no expectation that this position will improve any time soon. Benchmark TCs are starting to crystallise, slightly lower than last year's mark, while Chinese spot TCs are higher again this month as the negative arbitrage makes concentrate imports expensive for smelters.
Table of contents
- China
-
Europe
- Raw materials market
- Mine production
- Mine News
- Project news
- Smelter production
Tables and charts
This report includes 9 images and tables including:
- Global quarterly refined lead consumption (kt)
- Global refined lead consumption (kt Pb)
- Global lead mine production (Lead in Concentrate)
- Global refined lead production (kt Pb)
- Global primary and secondary refined lead production (kt Pb)
- Lead stocks, prices and premia
- Global lead supply and demand (kt)
- Concentrate market TCs
- Lead mine capability, market adjustment and production (kt Pb)
What's included
This report contains:
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