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Lead

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  • Florela Stoian

Abstract

The paper analyzes the main trends and developments in the world lead market in 2011, highlighting the severe decrease of annual average price compared with the previous year. The presentation of the main trends in consumption and supply in the major regions of the world shows that the world market was confronted with an overstock in 2011 due to moderate growth in demand correlated with the increased stocks of metal at LME (London Metal Exchange). We will conclude with some forecasts for world lead market take into account the major influence of China (this country is the main producer of refined metal, hence responsible for the increased supply) and the sustainability of global lead supply growth in ex-China regions. Lead price forecasts in the next year are likely to be positive taking into account the global economic recovery.

Suggested Citation

  • Florela Stoian, 2012. "Lead," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2012:id:2822000009575095
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