Lead Price in 2007

In 2007, the price of lead averaged $2,580 per tonne, up 100.0% from the year before. This page covers the 2007 average, high, low, and year-end close, the events that moved the market, and what that lead would be worth in today's dollars.

2007 Average

$2,580

LME annual average, USD/tonne

Change vs 2006

+100.0%

from $1,290 in 2006

2007 High

$3,989

from daily trading data

2007 Low

$1,578

from daily trading data

Year-End Close

$2,546

last trading day of 2007

What happened to the lead price in 2007

Lead averaged $2,580 per tonne in 2007, surging 100.0% from the $1,290 average of 2006. Annual moves of that size are rare and put 2007 among the most explosive years in the metal's modern history. Daily trading data shows lead moved between a low of $1,578 and a high of $3,989 during the year, ending 2007 at $2,546. The defining story of 2007: Super-cycle spike; monthly peak ~$3,720 in Oct 2007.

From an early-2000s trough near $450, the China supercycle and tightening supply spiked lead to about $2,580 in 2007, before the 2008 crisis crash.

Adjusted for inflation, lead's 2007 average of $2,580 equals about $4,011 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 2007?

Lead averaged $2,580 per tonne in 2007, based on World Bank and LME annual average data. Daily prices ranged from a low of $1,578 to a high of $3,989, and the year closed at $2,546. That average was up 100.0% from $1,290 in 2006.

What is a 2007 lead price worth in today's dollars?

Adjusted with the US Consumer Price Index, lead's 2007 average of $2,580 works out to roughly $4,011 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 2007?

The defining story of 2007: Super-cycle spike; monthly peak ~$3,720 in Oct 2007. Against that backdrop, the annual average climbed 100.0%, from $1,290 in 2006 to $2,580.

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.