Lead prices averaged USD 1,947 per metric ton in August, down 2.3% from July. On 29 August, the commodity traded at USD 1,950 per metric ton, up 1.1% from 31 July.
Prices lost some ground in August as supply improved slightly and demand conditions deteriorated. Both primary and secondary lead output rose month on month in China, the world’s leading producer by far. Moreover, global sales in the automobile sector—which makes up around two-thirds of lead demand—eased for the second consecutive month in August.
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 | - | - | 2,171 | 2,117 | 2,074 | 2,166 | 2,038 | 2,004 | 1,969 | 1,945 | - | - |