Global lead short-term outlook January 2023
*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
-
Prices
- Global
- Europe
- China
- India
-
North America
- Concentrate market
- Project development
- Mines news
- Corporate Activity
- Smelter news
Tables and charts
This report includes 17 images and tables including:
- Lead returns to pack in second half of month
- Backwardation unwinds and resets
- Seasonal Shanghai stock build getting underway
- Refined lead premia and scrap prices
- Price forecasts and global quarterly supply/demand balances (kt)
- Quarterly consumption
- Spot TCs remain low despite the arbitrage remaining unfavourable for importing concentrate to China
- Concentrate market TCs
- Acid prices are not in a position to insulate smelters from a big cut in contract TCs in 2023
- Up modestly year on year, imports in late 2022 were also up significantly from two years earlier
- Lead mine capability, market adjustment and production (kt Pb)
- Global refined lead consumption (kt Pb)
- Global lead mine production (lead in concentrate, kt Pb)
- 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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