Lead Price Monthly and Annualy

The Price of Lead in International Commodity Markets for April 2024 is 2,129.46 dollars per metric tonne, as estimated by the World Bank. In comparison to the previous month, March 2024, when Lead was valued at 2,056.20 dollars per metric tonne, there has been a net change of 73.26 dollars. This represents a percentage increase of 3.44%. Looking back to April 2023, the Lead price stood at 2,149.43 dollars per metric tonne. The current data reflects a dynamic market with a modest increase in Lead prices from April 2023 to April 2024, signaling potential shifts in global economic trends.

Lead Price in Last 12 Months World Bank

Source: World-bank
Last Updated: 25 May 2024
Index Last 12 Months Nominal US Dollars($/mt) Net-Chg Percentage-Chg
13April 2023$ 2,149.43--
12May 2023$ 2,083.60 $ -65.83-3.16 %
11June 2023$ 2,122.89 $ 39.291.85 %
10July 2023$ 2,109.12 $ -13.77-0.65 %
9August 2023$ 2,153.84 $ 44.722.08 %
8September 2023$ 2,252.10 $ 98.264.36 %
7October 2023$ 2,133.72 $ -118.38-5.55 %
6November 2023$ 2,188.46 $ 54.742.50 %
5December 2023$ 2,026.91 $ -161.55-7.97 %
4January 2024$ 2,086.12 $ 59.212.84 %
3February 2024$ 2,079.83 $ -6.29-0.30 %
2March 2024$ 2,056.20 $ -23.63-1.15 %
1April 2024$ 2,129.46 $ 73.263.44 %

Lead Price Annual World Bank

Lead Price in 2023 was 2,135.80 dollars per metric tonne estimated by the world bank.

In the previous year, 2022 Lead Price was 2,150.60 dollars per metric tonne. The net change in Lead Price in 2023 was -14.8 dollars which is about a -0.69% decrease in price.

Source: World-bank
Year Price Nominal US Dollars($/mt) Net-ChangePercentage-Change
1960 $ 198.85--
1961 $ 176.98 $ -21.87-12.36 %
1962 $ 155.28 $ -21.70-13.97 %
1963 $ 174.81 $ 19.5311.17 %
1964 $ 277.88 $ 103.0737.09 %
1965 $ 317.18 $ 39.3012.39 %
1966 $ 260.65 $ -56.53-21.69 %
1967 $ 227.68 $ -32.97-14.48 %
1968 $ 240.49 $ 12.815.33 %
1969 $ 289.89 $ 49.4017.04 %
1970 $ 302.91 $ 13.024.30 %
1971 $ 253.63 $ -49.28-19.43 %
1972 $ 301.66 $ 48.0315.92 %
1973 $ 429.68 $ 128.0229.79 %
1974 $ 592.26 $ 162.5827.45 %
1975 $ 411.68 $ -180.58-43.86 %
1976 $ 446.42 $ 34.747.78 %
1977 $ 618.00 $ 171.5827.76 %
1978 $ 661.92 $ 43.926.64 %
1979 $ 1,208.25 $ 546.3345.22 %
1980 $ 905.75 $ -302.50-33.40 %
1981 $ 726.73 $ -179.02-24.63 %
1982 $ 545.60 $ -181.13-33.20 %
1983 $ 425.34 $ -120.26-28.27 %
1984 $ 442.61 $ 17.273.90 %
1985 $ 390.86 $ -51.75-13.24 %
1986 $ 406.08 $ 15.223.75 %
1987 $ 596.84 $ 190.7631.96 %
1988 $ 656.23 $ 59.399.05 %
1989 $ 673.48 $ 17.252.56 %
1990 $ 810.54 $ 137.0616.91 %
1991 $ 557.62 $ -252.92-45.36 %
1992 $ 541.37 $ -16.25-3.00 %
1993 $ 406.36 $ -135.01-33.22 %
1994 $ 547.77 $ 141.4125.82 %
1995 $ 630.95 $ 83.1813.18 %
1996 $ 774.33 $ 143.3818.52 %
1997 $ 624.18 $ -150.15-24.06 %
1998 $ 528.64 $ -95.54-18.07 %
1999 $ 502.62 $ -26.02-5.18 %
2000 $ 453.94 $ -48.68-10.72 %
2001 $ 476.16 $ 22.224.67 %
2002 $ 452.68 $ -23.48-5.19 %
2003 $ 515.03 $ 62.3512.11 %
2004 $ 886.55 $ 371.5241.91 %
2005 $ 976.37 $ 89.829.20 %
2006 $ 1,289.72 $ 313.3524.30 %
2007 $ 2,579.99 $ 1,290.2750.01 %
2008 $ 2,090.66 $ -489.33-23.41 %
2009 $ 1,719.27 $ -371.39-21.60 %
2010 $ 2,148.45 $ 429.1819.98 %
2011 $ 2,400.81 $ 252.3610.51 %
2012 $ 2,064.64 $ -336.17-16.28 %
2013 $ 2,139.79 $ 75.153.51 %
2014 $ 2,095.46 $ -44.33-2.12 %
2015 $ 1,787.82 $ -307.64-17.21 %
2016 $ 1,866.65 $ 78.834.22 %
2017 $ 2,314.67 $ 448.0219.36 %
2018 $ 2,240.44 $ -74.23-3.31 %
2019 $ 1,996.51 $ -243.93-12.22 %
2020 $ 1,824.88 $ -171.63-9.41 %
2021 $ 2,200.37 $ 375.4917.06 %
2022 $ 2,150.60 $ -49.77-2.31 %
2023 $ 2,135.80 $ -14.80-0.69 %

Introduction

Lead, a chemical element with the symbol Pb (derived from the Latin word "plumbum"), has been used by civilizations for thousands of years. Its malleability, low melting point, and corrosion resistance make it an ideal material for a wide range of applications. Lead is primarily used in batteries, construction, ammunition, and various industrial processes.

Factors Influencing Lead Prices

Several factors contribute to the volatility of lead prices in the global market. Understanding these factors can help investors, manufacturers, and consumers make informed decisions. Let's explore some of the key influencers:

 1. Supply and Demand Dynamics

Like any other commodity, the supply and demand dynamics play a crucial role in determining lead prices. Increased demand from industries such as automotive, construction, and electronics can drive the price up. Conversely, if the supply exceeds demand, the prices may experience a decline.

 2. Global Economic Conditions

The state of the global economy also influences lead prices. During periods of economic growth, the demand for lead rises as construction and manufacturing activities surge. Conversely, during economic downturns, the demand for lead may decrease, leading to a decline in prices.

 3. Political Factors

Political stability or instability in lead-producing regions can have a significant impact on lead prices. Political conflicts, trade policies, and government regulations can disrupt supply chains, leading to price fluctuations. Any geopolitical events or policy changes can create uncertainty in the lead market.

 4. Currency Exchange Rates

Lead is traded globally, and currency exchange rates can affect its price. If the currency of a lead-producing country strengthens against major currencies, it can result in higher prices for lead exports. Conversely, a weaker currency may make lead exports more affordable, potentially lowering prices.

Currency Exchange Rate

International Lead Markets

Lead prices vary across different countries and regions due to a combination of factors. Let's take a look at some notable international lead markets:

 1. China

As the world's largest consumer and producer of lead, China's lead market significantly influences global prices. The country's robust industrial sector, infrastructural development, and demand for electric vehicles contribute to its substantial lead consumption.

 2. United States

The United States is one of the major players in the global lead market. The demand for lead-acid batteries, driven by the automotive industry and renewable energy projects, contributes to the country's significant lead consumption. Domestic production and import/export policies also influence lead prices in the United States.

 3. Australia

Australia is a notable lead producer and exporter. The country's mining operations, particularly in Western Australia and Queensland, contribute to its position in the global lead market. Factors such as mining regulations, labor costs, and international trade agreements impact lead prices in Australia.

 4. Peru

Peru is among the top lead producers in the world. The country's rich mineral reserves, including significant lead deposits, contribute to its prominence in the global market. Factors such as political stability, mining regulations, and environmental policies affect lead prices in Peru.

Conclusion

The price of lead is influenced by a multitude of factors, including supply and demand dynamics, global economic conditions, political factors, and currency exchange rates. Understanding these influences is crucial for market participants and stakeholders involved in lead-related industries. Furthermore, international lead markets such as China, the United States, Australia, and Peru have dynamics that contribute to the global lead price landscape. By staying informed and monitoring these factors, industry players can navigate the lead market effectively.

Remember, when it comes to lead prices, keeping a close eye on market trends, geopolitical events, and industry developments is essential for making informed decisions.