Commodity Market Report

Global lead short-term outlook October 2020

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Lead lagged well behind the base metals pack and was alone in losing value across the month. General gloom descended on the lead market and pulled down on the price. Funds increased their lead short positions, adding downwards price pressure, while other more fancied metals gained value. This was despite indicators of a tightening market for supply. Large warrant cancellations appeared in LME stocks and TCs were held down as potential further mine disruption worries smelters.

Table of contents

  • General
    • Asia
    • US
  • Raw materials market
  • Mine production news
  • Smelter production news

Tables and charts

This report includes 10 images and tables including:

  • The demise of Chinese ebikes is delayed yet again
  • 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)
  • Global quarterly refined lead consumption (kt)

What's included

This report contains:

  • Document

    Global lead short-term outlook October 2020

    PDF 1.05 MB