ILZSG: Global Lead Surplus Posts 2,700 mt in January 2010-Shanghai Metals Market

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ILZSG: Global Lead Surplus Posts 2,700 mt in January 2010

Industry News 11:34:38AM Mar 16, 2010 Source:SMM

SHANGHAI, Mar. 16 --

According to latest monthly report released by the International Lead and Zinc Study Group (ILZSG) on January 15th, the global lead supply surplus was 2,700 mt in January 2010.

Global consumption of refined lead totaled 713,400 mt in January 2010, higher than 626,000 mt in January 2009.

Global output of refined lead was 716,100 mt in January 2010, higher than 662,000 mt reported in January 2009.

The details are shown as below (unit: kt):

 
January 2010
December 2009
January 2009
Lead ore output (lead content)
343.8
385.1 
262.0

Refined lead output
716.1   
783.1
662.0
Refined lead consumption
713.4  
793.2  
626.0

 
January 2010
December 2009
Commercial stocks (western countries)
393.2 
386.0

Stock/consumption ratio (weekly)
4.2  
4.0

The report also shows lead inventories at smelters reduced to 132 kt in January 2010, and the level was 135 kt at the end of December 2009.

The commercial stocks include inventories at western producers and consumers (including the reported and estimated data), traders and London Metal Exchange (LME).

(Edited by SMM)

 

ILZSG: Global Lead Surplus Posts 2,700 mt in January 2010

Industry News 11:34:38AM Mar 16, 2010 Source:SMM

SHANGHAI, Mar. 16 --

According to latest monthly report released by the International Lead and Zinc Study Group (ILZSG) on January 15th, the global lead supply surplus was 2,700 mt in January 2010.

Global consumption of refined lead totaled 713,400 mt in January 2010, higher than 626,000 mt in January 2009.

Global output of refined lead was 716,100 mt in January 2010, higher than 662,000 mt reported in January 2009.

The details are shown as below (unit: kt):

 
January 2010
December 2009
January 2009
Lead ore output (lead content)
343.8
385.1 
262.0

Refined lead output
716.1   
783.1
662.0
Refined lead consumption
713.4  
793.2  
626.0

 
January 2010
December 2009
Commercial stocks (western countries)
393.2 
386.0

Stock/consumption ratio (weekly)
4.2  
4.0

The report also shows lead inventories at smelters reduced to 132 kt in January 2010, and the level was 135 kt at the end of December 2009.

The commercial stocks include inventories at western producers and consumers (including the reported and estimated data), traders and London Metal Exchange (LME).

(Edited by SMM)