Commodities Buzz: Lead Markets In Deficit During 2012 Says WBMS

Lead......

Lead markets were in deficit in the year 2012 reported World Bureau of Metal Statistics (WBMS). WBMS reported that the lead market was in deficit of 30600 tonnes in December 2012. Lead markets were in surplus of 71300 tonnes in whole year ending 2011. Total stocks of lead were 22200 tonnes higher in 2012 compared to 2011.
Lead mine production was 5.27 million tonnes, which was 12.3% above total recorded for the previous year. Refined lead production was 10.48 million tonnes, both from primary and secondary sources. The production was 1.1% higher than the previous year. Refined lead production was 919600 tonnes higher in January 2013.
Chinese consumption of lead was 4.67 million tonnes in 2012, which was 10000 tonnes higher than 2011. Refined lead consumption was 962300 tonnes in January 2013.
Source  by Commodity Insights