| 16.12.2013 - Global Lead market may witness deficit again in 2014 |
| The refined lead market is expected to continue to tighten next year, with an 84Kt deficit driving a decline in the global stock-to-consumption to its lowest level since the 2011, said London based Barclays in its recent market report. “Resultantly we project the LME cash price to average $2,350/t in Q4 next year, which would represent an attractive 15% upside from the lows in the current quarter,” the bank projected...............................................Full Article: Source |