Commodity Origins

Lead price history, 1960 to 2026

LME cash averaged $1,873/t in September 2026, -4% over twelve months and -4% over ten years. The nominal all-time high was $3,720/t in October 2007; in 2024 dollars the real peak was $6,005/t in June 1979. Monthly averages, World Bank Pink Sheet.

Converted from USD at the latest available monthly average rate (Federal Reserve via FRED); the chart and tables below stay in USD.

Lead monthly prices, $/t, Jan 1960 to Aug 2026Line chart of lead monthly prices in $/t from Jan 1960 to Aug 2026: LME cash from 206 to 1,873, peaking at 3,720; Lead, 99.97% pure, LME spot (IMF) from 515.7 to 1,855, peaking at 3,723.01,0002,0003,0004,00019601965197019751980198519901995200020052010201520202025$/tOPEC oil embargo, Oct 1973 (Embargo announced 17 October 1973, following the Yom Kippur War (6 October 1973))Iranian Revolution, Jan 1979 (Shah of Iran deposed, 16 January 1979)Iraq invades Kuwait, Aug 1990 (2 August 1990)Asian financial crisis begins, Jul 1997 (Thailand floats the baht, 2 July 1997)September 11 attacks, Sep 2001 (11 September 2001)Lehman Brothers collapse, Sep 2008 (NBER Business Cycle Dating Committee, US recession December 2007–June 2009)Fukushima Daiichi nuclear accident, Mar 2011 (11 March 2011)OPEC holds output steady amid oversupply, Nov 2014 (OPEC 166th Meeting, 27 November 2014)COVID-19 declared a pandemic, Mar 2020 (World Health Organization, 11 March 2020)Russia invades Ukraine, Feb 2022 (24 February 2022)Israel-Hamas war begins, Oct 2023 (7 October 2023)
LME cashLead, 99.97% pure, LME spot (IMF)

Dashed lines: OPEC oil embargo (Oct 1973); Iranian Revolution (Jan 1979); Iraq invades Kuwait (Aug 1990); Asian financial crisis begins (Jul 1997); September 11 attacks (Sep 2001); Lehman Brothers collapse (Sep 2008); Fukushima Daiichi nuclear accident (Mar 2011); OPEC holds output steady amid oversupply (Nov 2014); COVID-19 declared a pandemic (Mar 2020); Russia invades Ukraine (Feb 2022); Israel-Hamas war begins (Oct 2023). Hover a line for the source of its date.

Derived price statistics per series
SeriesLatest1 month12 months5 years10 years20 yearsAll-time high (nominal)All-time high (real, 2024 US$)
LME cash
$/t, since 1960
1,873
September 2026
+1%-4%-17%-4%+40%3,720
October 2007
6,005
June 1979
Lead, 99.97% pure, LME spot (IMF)
$/t, since 1992
1,855
August 2026
+1%-5%-23%+1%+57%3,723
October 2007
5,582
October 2007

Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.

Source: World Bank Pink Sheet, 2026-10-02, fetched 6 October 2026 (CC BY 4.0); IMF PCPS, 2026-09-08, fetched 6 October 2026 (© International Monetary Fund. All rights reserved (IMF terms of use)).

Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how lead is priced.

Monthly lead prices by decade

Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.

LME cash ($/t)

LME cash monthly prices, 2020s, $/t
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20201,9241,8731,7341,6581,6261,7451,8181,9361,8731,7761,9162,0201,825
20212,0152,0801,9482,0122,1822,1912,3382,4142,2482,3452,3302,3022,200
20222,3322,2972,3452,3802,1422,0661,9852,0731,8702,0002,1002,2162,151
20232,2012,0932,1152,1492,0842,1232,1092,1542,2522,1342,1882,0272,136
20242,0862,0802,0562,1292,2212,1472,1071,9952,0002,0341,9881,9902,069
20251,9211,9572,0331,9031,9581,9741,9931,9471,9551,9681,9981,9401,962
20261,9951,9171,8781,9301,9911,9461,8421,8551,8731,914

Lead, 99.97% pure, LME spot (IMF) ($/t)

Lead, 99.97% pure, LME spot (IMF) monthly prices, 2020s, $/t
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20201,9241,8731,7341,6581,6261,7451,8181,9361,8731,7761,9162,0201,825
20212,0152,0801,9482,0122,1832,1912,3382,4142,2482,3452,3302,3022,200
20222,3322,2972,3452,3862,1482,0751,9852,0691,8702,0002,1002,2262,153
20232,2072,0932,1152,1452,0882,1232,1092,1552,2522,1312,1882,0272,136
20242,0872,0802,0552,1252,2202,1472,1071,9992,0032,0341,9881,9882,069
20251,9221,9572,0311,9061,9571,9741,9931,9471,9551,9681,9981,9401,962
20261,9931,9171,8781,9281,9901,9461,8431,8551,919

Method

Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.

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Cite as: Commodity Origins, "Lead price history (1960–2026)", https://commodityorigins.com/prices/lead/, data 2026-10-02. Data updated 22 October 2026.