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World Lead Market Ended in Surplus Until October This Year, Says ILZSG

The lead mine output totalled 3.727 million tonnes in January to October this year, compared with 3.674 million tonnes a year before.

Most of the challenges can be overcome with the right policy mix, both at national and international level, according to the IEA.

The global lead mine supply is likely to record 1.7% growth this year to 4.54 million tonnes.

The refined lead metal production during this period has declined by 0.8%.

The lead mine output totalled 1.380 million tonnes in Jan-Apr’24, compared with 1.375 million tonnes a year before.

The global supply of refined lead metal is expected to exceed demand by 40,000 tonnes in 2024, ILZSG noted.

The lead inventories rose by 123kt to total 447kt at the end of the year, ILZSG report said.

The apparent usage is expected to rise in India, Mexico, Taiwan and Vietnam, but is likely to fall in the Republic of Korea.

The refined lead metal output declined by 0.7%, despite increases in China, India, Japan and Taiwan.

Base Metals
Alumina 98.5% min	734.26$US/MT
Aluminum Alloy A356	3204.9045$US/MT
Minor Metals
Ammonium heptamolybdate 54% min	30839.00$US/MT
Ammonium metavanadate 98% min	9673.54$US/MT
High Purity Metals
Aluminum ingot purity 9999900	41900.00EUR/Kg
Aluminum oxide purity 9900000	12100.00EUR/Kg
Rare Earth
Cerium carbonates TREO 45% min, CeO2 / REO 100%	852.80$US/MT
Cerium Metal 99% min	3244.80$US/MT

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