Commodity Market Report
Global lead short-term outlook August 2019
Report summary
Port Pirie has again been the focal point of both refined and concentrate market developments in August. In contrast to weak sentiment in respect to refined demand, LME lead prices are again being supported by the loss of refined supply from Port Pirie. The SHFE/LME arbitrage has been kept firmly shut as a result. This, perhaps just as much as the displaced concentrate resulting from Port Pirie's continuing outage, has finally contributed to a decisive increase in spot TCs in China for imported concentrate.
Table of contents
- China
- North America
- Raw materials market
- Mine production news
Tables and charts
This report includes 10 images and tables including:
- Global quarterly refined lead consumption (kt)
- Decrease in arb value has offset much of August's increase in spot TC
- Concentrate market TCs
- Lead mine capability, market adjustment and production (kt Pb)
- 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)
What's included
This report contains:
Other reports you may be interested in
29 August 2019
Global aluminium short-term outlook August 2019
Commodity Market Report
Global aluminium short-term outlook August 2019
Unanticipated outages at Xinjiang and Shandong smelters drives the China market deficit to 1 Mt in 2019.
$5,00028 April 2023
Global lead short-term outlook April 2023
Commodity Market Report
Global lead short-term outlook April 2023
Lead markets have been steady with an LME/SHFE price arbitrage continuing to point to a relatively tighter market outside China.
$5,00021 May 2023
Global cobalt short-term outlook April 2023
Commodity Market Report
Global cobalt short-term outlook April 2023
Bearish sentiment prevailed in the cobalt market throughout April with falling prices; a resolution to the longstanding Tenke dispute.
$5,000
