Global demand for refined lead will exceed supply by 1.25 lakh tonnes in 2017

As with many other metals, lead prices also headed northwards in 2017. From around $2,000 a tonne in the beginning of 2017, prices on the London Metal Exchange have moved up by over 20 per cent to around $2,400 a tonne now.In fact, lead prices have shown an increasing trend since early 2016 itself, where they hovered around $1,600 per tonne, a multi-year low.In India, MCX spot prices have mirrore...