Lead Outlook

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Expert lead market insights

Our quarterly lead outlook is published in our Quarterly Metals Report, which covers base, precious and ferrous metals. The impact of supply and demand fundamentals and macroeconomic implications for the lead futures and spot prices are analysed. Our research team produce a lead price range forecast as part of the report.

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Lead Outlook – Q4 2022

Lead held up better than other metals throughout the quarter, as it remained broadly unchanged. The main reason behind that is lead’s response to the looming energy crisis in Europe and subsequent energy price moves. We expect the supply and demand picture to have stabilised slightly on the back of the lift of the power rationing restrictions. However, in the coming months, following the maintenance period during the peak consumption season, lead production should improve and inventory should decline slightly...

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