Lead prices, $/mt last = 1898 1w: +25 (1.3%)
202020212022
Consensus (median)229024802350
High266026802500
Low179017701790
Standard Deviation267302273
Count of Estimates18114
History
Forecast
CARG Summary (Price)
RankN/S0*1*2*3*4*5*
Strong Gr.       
Growth       
Flat       
Decline       
Strong Decl.       
Forecast Distribution
Company plot
[Positive]

I assume that lead prices will continue their rally over the next 6-9 months which is a result of supply declining: tight conditions for concentrate inside China, zinc mine closure (lead is a component in the zinc mine). However, already in next year, I expect surplus pressure due to (1) assumed return of Glencore's Australian assets, (2) recovery at South32's Cannington.