Commodity Market Report
Global lead strategic planning outlook Q2 2022
Report summary
Lead markets have shown their resilience since the first onset of coronavirus lockdowns in 2020 and the precipitous fall in global economic activity. Demand already surpassed pre-pandemic levels last year, although that rebound is already fading with markets returning towards normal levels. North American and European demand reached extraordinary levels over the past two years, when the need for particularly replacement auto batteries outstripped the ability of Covid-constrained supply to meet this challenge. The industry is stabilising and converging again on the pre-Covid trajectory, which includes a softening rate of growth in China. Superimposed on this is the detrimental effect of the long-term fallout from the Russian invasion of Ukraine, and the consequential economic sanctions against Russia having global repercussions. In the coming years, primary lead supply will tighten as mine output struggles to gain any momentum. But secondary production is capable of filling this gap.
Table of contents
- Lead price held in check by rising global lead stocks, but steady demand gives price support on the downside
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global lead strategic planning outlook Q2 2023
Lead markets remain firm despite the nervous macroeconomic backdrop but a resurgent mine supply will ultimately lead to a softening by 2026.
$10,000
Commodity Market Report
Global Iron Ore Strategic Planning Outlook – Q2 2023
Iron ore price downward trajectory as Chinese demand structurally declines
$10,000
Commodity Market Report
Global thermal coal 10-year investment horizon outlook - 2023
The question for long-term thermal coal markets is: which is moving at a faster pace, demand-side decarbonization efforts or supply-side?
$10,000