Current pb price: $1994.00.
Lead Price Today
Live lead spot price in USD per metric ton from the London Metal Exchange (LME). Lead demand is dominated by lead-acid batteries for vehicles and backup power systems.
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Understanding the Lead Market
The lead price is benchmarked on the London Metal Exchange (LME) in US dollars per metric tonne, with the Shanghai Futures Exchange (SHFE) providing the Chinese reference price. Lead is one of the oldest metals in human use and remains essential to modern transport and power infrastructure.
Batteries dominate demand. Around 80% of lead consumption goes into lead-acid batteries: starter batteries for conventional vehicles, traction batteries for forklifts and e-bikes, and stationary batteries for telecom towers, data centers, and grid backup. Even electric vehicles carry a 12V lead-acid auxiliary battery, which keeps replacement demand resilient.
Lead is also the most recycled industrial metal: secondary (recycled) production supplies well over half of global demand, with used batteries feeding an efficient closed-loop recycling chain. This makes scrap availability and recycling margins important price inputs alongside mine supply from China, Australia, Peru, the United States, and Mexico.
Because lead is mined largely as a co-product of zinc and silver, its supply responds slowly to its own price. Traders watch LME and SHFE warehouse inventories, battery replacement cycles (cold winters boost failures and demand), and Chinese environmental policy affecting smelters.
Data provided by MetalCharts, a free precious metals tracking platform offering real-time prices, interactive charts, historical data, and portfolio tools for gold, silver, platinum, palladium, and copper. Prices sourced from major global exchanges including COMEX, LBMA, and LME, updated continuously during market hours.
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