Name: Lead: 5 things to look for in 2017
Brand: Wood Mackenzie
SKU: 60757
Price: 1050 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Insight 26 January 2017

Get this report*

$1,050

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

This year holds the prospect of historically low concentrate stocks, restricted supply of refined lead and the price climbing strongly in reaction to this developing situation. Primary smelters, especially in China, will struggle with the shortfall in feed and competition for concentrates rich in by-product values to compensate for plummeting treatment charges. This is convincing markets that lead is undervalued and will push the price upwards throughout 2017. The key issues to watch this year are the performance of lead mines and smelters plus their impact on the concentrate market, premia and prices. Demand remains strong with record global automotive production and a resurgence in Chinese ebikes.

Executive Summary
- 1. Supply shortfall will bring concentrate stocks to historical lows
- 2. Chinese smelters under pressure to perform but exposed to risk factors
- 3. Resurgence of Chinese ebike demand welcomed but will be short lived
- 4. The lead premium see-saw between US and Europe
- 5. Electric vehicles will not spark a decline in automotive lead use

Tables and charts

This report includes the following images and tables:

Concentrate and refined stocks hit lowsGlobal refined lead deficits as price surgesE-trikes provide temporary respite in ebike consumption declineConventional engines dominate as EVs struggle to gain global traction