Commodity Market Report
Global lead short-term outlook December 2021
Report summary
Lead markets slid quietly towards the trading break over Christmas and New Year, with no net change in price from the start of the month up to the holiday period. The cash to three-month contango has now been in place for the whole of the second half of the year as supply concerns and low stocks still trouble markets. Chinese refined lead exports included major tonnage into Europe for the first time since 2007. This might dampen some of the premium increases currently being pushed my European producers.
Table of contents
- General
- China
- US
- Raw materials market
- Mine production news
- Smelter production news
Tables and charts
This report includes 12 images and tables including:
- Another huge increase in China’s lead exports includes significant tonnage to the Netherlands
- Global quarterly refined lead consumption (kt)
- Negative SHFE-LME arbitrage is still significant
- Acid prices have decreased further in December
- 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:
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