The lead market recorded a deficit of 152 kt in January to April 2019 which follows a deficit of 278 kt recorded in the whole of 2018. Total stocks at the end of April were 19 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 April 2019 from both primary and secondary sources was 4168 kt which was 9.3 per cent higher than in the comparable months of 2018 Chinese apparent demand was estimated at 1991 kt which was 381 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 24 kt for January to April 2019 compared to the same months of 2018.
In April 2019, refined lead production was 1071.6 kt and consumption was 1127.2 kt.
Source: WBMS |
