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Steel News

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Home Steel News Global nonferrous metals supply shortage for first four months this year
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Global nonferrous metals supply shortage for first four months this year

26 Jun 2017 12:38 reported by Jacky Huang

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According to the World Bureau of Metal Statistics (WBMS) in Wednesday released data showed for the first four months of this year, the copper market in short supply of 5,000 tons; in 2016 was in short supply of 69,000 tons.

The global lead market was in short supply of 9,600 tons in January-April, with a shortfall of 172,000 tons in 2016.

In January-April of this year, China's apparent consumption fell by 303,000 tons from 3.659 million tons, accounting for less than 48% of global demand. At the same time, the EU 28 countries copper production increased by 3%.

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Metal Price Index

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  • Created with Highcharts 4.0.41. May1. Jun1. Jul800085009000950010,00010,500
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LME Official Bid Price

  • USD / MT
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  • 3 Months
  • Zinc
  • 2,666.50
  • 2,684.00
  • Aluminum
  • 2,444.00
  • 2,447.00
  • Copper
  • 9,642.50
  • 9,588.00
  • Nickel
  • 15,195.00
  • 15,375.00

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