Lead Price OutlookLead prices lost ground over the past month amid fears of a spike in new Covid-19 cases as countries eased lockdown measures. On 15 May, lead traded at USD 1,580 per metric ton, which was 5.9% lower than on the same day a month earlier. Moreover, the price was down 17.4% on a year-to-date basis and was 12.1% lower than on the same day of last year. Concerns over a new wave of coronavirus cases as several countries ease restrictions and gradually resume activity darkened investor sentiment and weighed on prices in recent weeks. Downbeat economic data from Europe added further downward pressure, while Federal Reserve Chairman Powell warned of persistent significant downside risks and high levels of uncertainty, suggesting the global economy remains in the grip of the coronavirus pandemic. This largely offset price gains stemming from signs of a decline in stockpiles at LME-approved warehouses.
Lead Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Lead Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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