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Lead Price in 1993

In 1993, the price of lead averaged $406 per tonne, down 25.0% from the year before. This page covers the 1993 average, high, low, and year-end close, the events that moved the market, and what that lead would be worth in today's dollars.

1993 Average

$406

LME annual average, USD/tonne

Change vs 1992

-25.0%

from $541 in 1992

What happened to the lead price in 1993

Lead averaged $406 per tonne in 1993, sliding 25.0% from the $541 average of 1992. The notable development of 1993: Early-1990s low.

Lead peaked early in the decade around $810, then drifted lower through the 1990s on oversupply and the Asian financial crisis.

Adjusted for inflation, lead's 1993 average of $406 equals about $906 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of lead in 1993?
Lead averaged $406 per tonne in 1993, based on World Bank and LME annual average data. That average was down 25.0% from $541 in 1992.
What is a 1993 lead price worth in today's dollars?
Adjusted with the US Consumer Price Index, lead's 1993 average of $406 works out to roughly $906 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
What moved the lead price in 1993?
The defining story of 1993: Early-1990s low. Against that backdrop, the annual average fell 25.0%, from $541 in 1992 to $406.

Annual averages are World Bank and LME lead prices per tonne in US dollars (LME cash and settlement basis). The 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.