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ILZSG: Global Lead Supply Sees a 15,000 Tonnes of Deficit in January 2017

SMM Insight 04:18PM Mar 16, 2017 Source:SMM

SHANGHAI, Mar. 16 (SMM) - International Lead and Zinc Study Group (ILZSG) published on March 15 that global lead supply deficit deepened to 15,000 tonnes in January 2017 on a monthly basis. And the data was 7,000 tonnes in December 2016 after revising.

Global lead supply saw a 30,000 mt of deficit in January 2016.

ILZSG indicated that lead inventory at consumers, producers and bourse expanded to 490,000 tonnes in January 2017 from 480,000 tonnnes in December 2016.

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Key Words:  lead prices  supply&demand