Commodity Market Report
Global lead short-term outlook September 2020
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
Coronavirus-related mine disruption is persisting and current - and feared future - shortfalls of concentrate have pushed spot TCs decisively lower during September. While this is clearly positive for wider lead market fundamentals, particularly given the obvious potential for forced primary smelter cuts, lead's price has decreased decisively during the month. This is indicative of the market's surplus, which continues to be reflected a little by LME stocks, and confirms that lead consumption has contracted significantly in 2020 alongside a substantially weaker global economy.
Table of contents
- China
- US
- Raw materials market
- Mine production news
- Smelter production news
Tables and charts
This report includes the following images and tables:
-
Strong recent trend in Chinese auto production after massive dip in Q1 2020Global quarterly refined lead consumption (kt)Concentrate market TCs
-
Changes in resource tax rates for zinc and lead mineralsLead 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 aluminium short-term outlook October 2023
Prices move above US$2200/t on Yunnan supply cuts and some encouraging macro news out of China.
$5,000
Insight
Global oil supply short-term update - October 2026
US Lower 48, Brazil and Venezuela drive upgrades to the production outlook
$1,350
Insight
Fibres sustainability feed
Wood Mackenzie’s fibres sustainability outlook – a live feed of our latest research
$900
