black lead fence

Lead Prices

Lead prices averaged USD 2,252 per metric ton in September, up 4.5% from August’s price of USD 2,155 per metric ton. September’s average price for lead was 20.4% higher year on year. Meanwhile, on 29 September, lead traded at USD 2,200 per metric ton, 2.1% lower month on month.

Prices rose in September amid a healthier demand backdrop in China. The manufacturing PMI edged into expansionary terrain in September, pointing to stronger demand for the metal. Robust automobile sales worldwide in August and September provided additional support. Supply-wise, recent developments were a mixed bag for prices. A Portuguese lead mine ceased operations in late September amid low profitability. That said, secondary lead output in China rose in August, and this trend is expected to have continued in September.

This chart displays Lead (US$/mt) from 2022 to 2023.

Lead LME (prices in US$/mt, aop)

Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022
Lead LME - - - - 2,326 2,200 1,976 2,110

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Price forecasts and historical data for Lead.

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