Commodity Market Report
Global lead short-term outlook October 2023
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
Penasquito's restart after a four-month strike returns up to 100kt/a Pb to lead markets, with the tight concentrate market likely resulting in refined metal supply recovering by the same amount. Confirmation of this restart coincided with lead prices weakening notably relative to other LME prices. Chinese refined exports and rising LME stocks continued to be bearish optics in October, although these developments can be partly attributable to a transfer of, rather than addition to, metal stocks. Although the lead price ended October 4% down, this does not mark it out from other LME metals, except for zinc which fell by 8%.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
China economic focus October 2025: outlook for the 15th Five-Year Plan
China faces challenges in the next five years to achieving its long-term 2025 growth target.
$1,150
Insight
Fibres sustainability feed
Wood Mackenzie’s fibres sustainability outlook – a live feed of our latest research
$900
Insight
India’s potential as a refining and petrochemicals hub
Key themes: India's demand potential, investment challenges, competitiveness gaps, refining-chemicals integration and slow decarbonisation.
$900
