Commodity Market Report
Global lead short-term outlook July 2021
Report summary
A strong performance from lead this month, propelled by heightened concerns over supply as LME warehouses continue to be emptied of lead. Matters were made considerably worse when flooding forced the shutdown of a major European smelter. This helped the price to briefly breach the $2400/t barrier, hitting a three-year high, before retreating slightly to settle at $2396/t at the end of the month. The duration of the Berzelius, Stolberg, shutdown remains unclear at this time but we understand that damage was extensive and repairs will take at least several weeks.
Table of contents
- China
- US
- Europe
- Raw materials market
- Mine production news
- Smelter production news
Tables and charts
This report includes 11 images and tables including:
- US automotive battery seaborne imports
- US industrial battery seaborne imports
- Global quarterly refined lead consumption (kt)
- 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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