Global lead short-term outlook November 2018
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*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
-
Executive summary
- Lead key forecasts
-
Supply-demand balances
- Refined lead premia and scrap prices
- Price forecasts and global quarterly supply/demand balances (kt)
-
Demand
- China
- US
- Canada
- Europe
-
Africa
- Global quarterly refined lead consumption (kt)
-
Supply
-
Raw materials market
- Additions to Chinese import have recently far outweighed losses
- Concentrate market TCs
-
Mine production news
- Lead mine capability, market adjustment and production (kt Pb)
-
Raw materials market
Tables and charts
This report includes the following images and tables:
- Less price fluctuation in LME lead price in November, prices returns to its starting value
- Lead price follows the dollar rate like an obedient puppy, rarely breaking away and never for long
- Steady contango as supply fears wane among traders – or are misunderstood and ignored
- Far forward price spreads turn from slight backwardation to pronounced contango
- Tonnage continues to reduce despite much lower cancelled warrant total
- Steady trickle of lead leaving warehouses, with no deliveries onto stocks in November
- Executive summary: Table 1
- Supply-demand balances: Table 1
- Supply-demand balances: Table 2
- Demand: Table 1
- Supply: Image 1
- Supply: Table 1
- 7 more item(s)...
What's included
This report contains:
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