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Global lead consumption growth forecasts revised down on falling Chinese battery demand

Mon, 09/22/2014 - 16:47 -- Editor
lead-acid battery manufacturer in China

Global lead consumption will grow less than expected due to a slowdown in demand from Chinese lead-acid battery manufacturers, according to the Economist Intelligence Unit (EIU).

The EIU sees global lead consumption at 3.1% in 2014/15, down from an earlier estimate of 3.6%, primarily due to China continuing to destock lead battery supplies, emission monitoring is tightened and further outdated capacity is closed.

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