Lead Prices

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October 23, 2025

Why are Lead Prices so high?

23-10-2025 - Lead prices have been relatively stable over the past month, with a slight decrease of -0.1% from $1953.34/t on September 22nd to $1950.77/t on October 22nd. The high was $2000.36/t on October 9th, while the low was $1920.51/t on October 16th.

Our one month forecast for Lead is 1972.77 $/t, up by 22.0 $/t or 1.1% from the latest price. Our analysis suggests a balanced market risk around this forecast.

Our current forecast indicates that Technical data has the most significant impact, contributing $18.16 per tonne to the price forecast. Among Technical data, Traders' Positions have the highest positive impact at $12.97, while Futures Curve has a negative impact of -$8.21. Overall, all types of data, including Demand, Flows, Supply, and Technical, align in signaling upward price pressure.

What is the current / spot price of Lead?

Lead Price Today

October 23, 2025

Current Price

2469

$/t

What is the forecast for the price of Lead?

Lead Price Forecast

October 23, 2025

1 Month Forecast

1972.77

$/t

1 Year Forecast

1930.75

$/t

What are the short-term drivers of Lead prices?

What are the long-term drivers of Lead prices?

Over the 1 Month horizon the outlook is bullish due to drivers such as: - The net positions of speculators on the LME - Short term price trends - Seasonality trends for the prediction month of year - Lead LME Closing Stock Br(None) The top contrary drivers for the 1 Month horizon are: - Long term price trends

Over the 1 Year horizon the outlook is bearish due to drivers such as: - Lead LME Closing Stock - Seasonality trends for the prediction week of year - China 300 Index Br(None) The top contrary drivers for the 1 Year horizon are: - The net positions of speculators on the LME - Movements in the Peruvian Sol