Lead Price in 1994
In 1994, the price of lead averaged $548 per tonne, up 35.0% from the year before. This page covers the 1994 average, high, low, and year-end close, the events that moved the market, and what that lead would be worth in today's dollars.
1994 Average
$548
LME annual average, USD/tonne
Change vs 1993
+35.0%
from $406 in 1993
What happened to the lead price in 1994
Lead averaged $548 per tonne in 1994, climbing 35.0% from the $406 average of 1993.
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 1994 average of $548 equals about $1,192 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 1994?
What is a 1994 lead price worth in today's dollars?
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.