Global lead short-term outlook March 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
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Market Developments
- Global
- North America
- China
-
Europe
- Concentrate market
- Mines news
- Project development
- Smelter news
Tables and charts
This report includes 20 images and tables including:
- Lead loses all Q4 2022 gains in Q1 2023
- Cash to three months backwardation flared out in the second half of March
- China's exports were destined for multiple destinations in December-January
- Refined Lead Premia and Scrap Prices
- Price forecasts and global quarterly supply/demand balances (kt)
- Battery electric vehicle share of Chinese New Energy Vehicle market
- Quarterly Consumption
- Surge in lead concentrate volumes lifts overall imports to record levels in recent months
- Spot TCs have been slow to lift despite a persistent LME/SHE arbitrage that widened a little in March
- Concentrate market TCs
- Sulphuric acid prices in China have been relatively stable at low levels since September
- 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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