Commodity Market Report
Global lead short-term outlook May 2021
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Despite being a mid-pack runner among the base metal prices for most of the month, lead still managed to reach a 16-month high and finish May level with frontrunners zinc and copper in price performance. Copper hitting a new record high pulled the rest of the LME complex higher, assisted by a weaker dollar. But without any apparent supportive fundamentals, lead still finished the month strongly. This hints at potential activity, yet to see the light of day, pushing up the lead price by one or more market actors. One of the few intrinsic price positives for lead was continuing concentrate tightness, which saw TCs tumble further with little prospect of this situation easing.
Table of contents
- Automotive
- Technical developments
- China
- India
- US
- Europe
- Raw materials market
- Mine production news
- Smelter production news
Tables and charts
This report includes the following images and tables:
-
Chinese automotive battery exports boom from the time lockdowns eased in Western countriesIndustrial battery exports were at typical levels with Western demand focused on auto replacementGlobal quarterly refined lead consumption (kt)
-
Concentrate market TCsLead 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 premiaGlobal lead supply and demand (kt)
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global product markets short-term outlook May 2021
Monthly global commodity market reports and global product-by-product supply- demand balance with stock forecasts and a net trade forecasts
$1,900
Insight
Global oil supply short-term update - July 2026
Signing of MoU between the US and Iran sees Middle East production start to recover strongly in June
$1,350
Insight
The impact of 50% tariffs on US steel
US 50% steel tariffs redraw trade flows. We assess the impact on demand, production, and top exporters. No partner is immune.
$1,050
