WBMS: Lead market records deficit of 191 kt in Jan to Jun 2019
2019-08-22 17:34:47 [Print]
WBMS announced on 21 August that the lead market recorded a deficit of 191 kt in January to June 2019 which follows a deficit of 268 kt recorded in the whole of 2018. Total stocks at the end of June were 24 kt lower than at the end of 2018. No allowance is made in the consumption calculation for unreported stock changes.
World refined production during January to June 2019 from both primary and secondary sources was 6,201 kt which was 9.3 per cent higher than in the comparable months of 2018.
Chinese apparent demand was estimated at 2,954 kt which was 582 kt higher than the comparable period in 2018 and represented about 46 per cent of the global total. For the USA, apparent demand has increased by 7 kt for January to June 2019 compared to the same months of 2018.
In June 2019, refined lead production was 1,025.1 kt and consumption was 1,054.6 kt.
World refined production during January to June 2019 from both primary and secondary sources was 6,201 kt which was 9.3 per cent higher than in the comparable months of 2018.
Chinese apparent demand was estimated at 2,954 kt which was 582 kt higher than the comparable period in 2018 and represented about 46 per cent of the global total. For the USA, apparent demand has increased by 7 kt for January to June 2019 compared to the same months of 2018.
In June 2019, refined lead production was 1,025.1 kt and consumption was 1,054.6 kt.
Lead Conc. 60%min EXW China
Unit:RMB/mt Pb
China primary lead producers' inventory to production ratio statistics by province by month
Unit: %
