Commodity Market Report
Global lead short-term outlook June 2019
Report summary
The lead price finally showed some life and also highlighted the market sensitivity to both technical and fundamental factors. This was evidenced by a two-month price high, a two-year record backwardation and stocks falling further from historical lows. Smelter disruption now threatens to take over from mine production as the dominant supply-side constrain outside China, as potential bottlenecks become dependent on where the displaced primary feed is processed - China or the Rest of World?
Table of contents
- China
- US
- India
- Raw materials market
- Mine production news
Tables and charts
This report includes 11 images and tables including:
- Ebike production maintains output levels, benefitting from drop in car purchases
- Global quarterly refined lead consumption (kt)
- Value of arbitrage to Chinese smelters was substantially lower in June
- 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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