WBMS: Global Lead Market Reports Supply Shortage in January-April 2017

Published: Jun 22, 2017 09:56

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Global lead market was in a shortage of 9,600 tonnes in the first months of 2017.

SHANGHAI, Jun. 22 (SMM) – Global lead market was in a shortage of 9,600 tonnes in the first months of 2017, according to the World Bureau of Metal Statistics (WBMS).

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The market reported a shortage of 172,000 tonnes in the whole year of 2016.

Battery Producers Lift Price up amid Rising Lead Prices, SMM Reports

As of late April 2017, global lead inventory expanded 2,000 tonnes, compared the level seen in late 2016. Global refined lead output was 3.95 million tonnes in the first four months of 2017, up 13.3% YoY.

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