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

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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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