Demand Forecasting Techniques vis-à-vis Demand Forecast for Lead

In India, Rajasthan is endowed with the largest resources of high grade lead ore contributing 89% of the total resources of lead. Lead metal is used in various applications especially in the manufacture of lead acid battery which consumes about 74% of lead in the country. The balance 26% demand is in cable sheathing, alloys, pigments & compounds and other products such as sheets etc. More than 50% domestic demand of lead is met through imports and recycles lead. Limited reserve base of lead coupled with constrained domestic production and ever increasing demand, compounded on account of diverse industrial applications have aggrandized the strategic value of lead metal. The endeavour of this paper has been to relook in to the future domestic scenario of lead in respect of demand forecasting with coverage on both short-term and long-term perspective.