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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, 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

Lead Price Chart, 1983 to 2003

Annual average lead price per tonne, 1983 to 2003, with 1993 marked.

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.