Lead prices averaged USD 1,955 per metric ton in September, up 0.4% from August. On 30 September, the commodity traded at USD 1,946 per metric ton, down 0.2% from 29 August.
In September, average prices rebounded mildly from August. Prices were supported by healthy demand for e-bikes and electric cars, as lead is a critical component for battery production. Moreover, stockpiling ahead of the Golden Week holiday, which closes Chinese markets for six days, also supported prices. That said, the plunge of the September U.S. manufacturing index capped further price gains.
This chart displays Lead (US$/mt) from 2023 to 2025.
Lead LME (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lead LME | - | - | - | 2,117 | 2,074 | 2,166 | 2,038 | 2,004 | 1,969 | 1,945 | 1,966 | - |