Lead prices averaged USD 1,946 per metric ton in June, down 2.2% from May. On 30 June, the commodity traded at USD 1,837 per metric ton, down 7.4% from 29 May.
In June, average lead prices declined for the first time in three months. A stronger U.S. dollar weighed on the metal, and fading expectations of Fed interest rate hikes in the coming quarters added to the downward pressure. Moreover, manufacturing conditions in China deteriorated in June compared to May, signaling softer lead demand.
This chart displays Lead (US$/mt) from 2024 to 2026.
Lead LME (prices in US$/mt, aop)
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lead LME | - | - | 2,038 | 2,004 | 1,969 | 1,945 | 1,966 | 1,968 | 1,930 | 1,954 | - | - |