Just taking the piss.
Lead should go up because there will be a deficit this year of around 120,000 tonnes due to falling production. Chinese demand was satisfied primarily by North Korean mines (still under sanctions) and secondly by US supply, which is price constrained by the trade war (about 10% more expensive to China) and likely to make some of the more marginal US mines close. 450,000 less tonnes available for supply than last year.
I still like the idea of a stained glass boom though.
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