Global lead short-term outlook December 2018
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
-
Executive summary
- Lead key forecasts
-
Supply-demand balances
- Refined lead premia and scrap prices
- Price forecasts and global quarterly supply/demand balances (kt)
-
Demand
- China
-
Europe
- Global quarterly refined lead consumption (kt)
-
Supply
-
Raw materials market
- Value of China's import TC plus arb has generally exceeded the domestic TC in November-December
- Concentrate market TCs
-
Mine production news
- Lead mine capability, market adjustment and production (kt Pb)
- Lead mine capability, market adjustment and production (kt Pb)
-
Raw materials market
Tables and charts
This report includes 25 images and tables including:
- No net change in the lead price and a quieter December than other base metals
- Steady slide marks lead's year-to-date price performance to finish joint worst
- Lead's fundamentals refuse to prevent it from being a slave to the dollar rate
- For the year-to-date, lead rarely broke away from just tracking the dollar
- Latter part of 2018 most dominated by cash to three-months cantango
- The 'Fear' Index is causing increasing dread among markets
- More inflows than outflows gives first monthly stocks increase for five months
- Slight increase in stocks during December but trend remains downwards
- Overall stocks have continued in general decline during H2 2018
- Executive summary: Table 1
- Supply-demand balances: Table 1
- Chinese refined lead imports leap in 2018
- Supply-demand balances: Table 2
- Chinese mobile network base station installations leap to new highs
- Demand: Table 1
- Supply: Image 1
- Supply: Table 1
- Supply: Table 2
- Supply: Table 3
- Supply: Table 4
- Supply: Table 5
- Supply: Table 6
- Supply: Table 7
- Supply: Table 8
- Supply: Table 9
What's included
This report contains:
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