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Lead Price in 1999

In 1999, the price of lead averaged $503 per tonne, down 4.9% from the year before. This page covers the 1999 average, high, low, and year-end close, the events that moved the market, and what that lead would be worth in today's dollars.

1999 Average

$503

LME annual average, USD/tonne

Change vs 1998

-4.9%

from $529 in 1998

What happened to the lead price in 1999

Lead averaged $503 per tonne in 1999, down 4.9% from $529 the year before.

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 1999 average of $503 equals about $973 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 1999?
Lead averaged $503 per tonne in 1999, based on World Bank and LME annual average data. That average was down 4.9% from $529 in 1998.
What is a 1999 lead price worth in today's dollars?
Adjusted with the US Consumer Price Index, lead's 1999 average of $503 works out to roughly $973 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.

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.