Commodity Market Report

Global lead short-term outlook March 2021

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Lead's run of poor price performance has continued this month, breaking below $1900/t at one point and seeing market confidence starting to melt away. Near-term indicators do not suggest a reversal of fortune, but demand remains good with a refined lead squeeze developing in North America - plus premia shooting skywards. Spot TCs are coming down as energy consumption controls are shutting some Mongolian mines, and general supply seems to be struggling to build momentum.

Table of contents

  • China
  • Europe
  • Raw materials market
  • Mine production news
  • Smelter production news

Tables and charts

This report includes 9 images and tables including:

  • 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:

  • Document

    Global lead short-term outlook March 2021

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