Why are Lead Prices so high?
30-09-2026 - Over the past month, the price of lead as a raw material has seen a slight decrease, dropping from $1873.27/t to $1865.54/t. This reflects a relatively stable market with only minor fluctuations in lead prices. The forecast predicts a slight increase to $1869.47/t, up by $3.93/t or 0.2% from the current price, indicating a generally flat price trend and low risk for this commodity.
The forecast suggests upward price pressure on raw materials, influenced by technical data with an $8.3/t impact, particularly from traders' positions. However, there are mixed signals as demand supports this upward trend, while flows and supply data indicate potential downward pressure.
An analysis by AMT, released on October 2, 2023, projects a decline in lead prices over the next year. The report argues that weak economic activity in OECD countries is likely to overshadow positive influences from China and the green transition, resulting in a bearish outlook for lead. This view contrasts with the forecast's indication of an upward trend in lead prices, highlighting a differing opinion from external sources.
The forecast suggests upward price pressure on raw materials, influenced by technical data with an $8.3/t impact, particularly from traders' positions. However, there are mixed signals as demand supports this upward trend, while flows and supply data indicate potential downward pressure.
An analysis by AMT, released on October 2, 2023, projects a decline in lead prices over the next year. The report argues that weak economic activity in OECD countries is likely to overshadow positive influences from China and the green transition, resulting in a bearish outlook for lead. This view contrasts with the forecast's indication of an upward trend in lead prices, highlighting a differing opinion from external sources.
What is the current / spot price of Lead?
Lead Price Today
September 30, 2026
Current Price
1865.54
$/t
What is the forecast for the price of Lead?
Lead Price Forecast
September 30, 2026
1 Month Forecast
1869.47
$/t
1 Year Forecast
1908.45
$/t
What are the short-term drivers of Lead prices?
Over the 1 Month horizon the outlook is moderately bullish due to drivers such as: - Short term price trends - Seasonality trends for the prediction week of year - The net positions of speculators on the LME Br(None) The top contrary drivers for the 1 Month horizon are: - Seasonality trends for the prediction month of year - Long term price trends
What are the long-term drivers of Lead prices?
Over the 1 Year horizon the outlook is bullish due to drivers such as: - The shape of the futures curve - Japan PMI - EWMA-based technical analysis Br(None) The top contrary drivers for the 1 Year horizon are: - Long term price trends - Movements in the South Korean Won
Will the price of Lead go up?
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1 Week
1 Month
3 Month
6 Month
1 Year
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ChAI Protect is our commodity price risk insurance offering, created to protect your company from the financial risks associated with raw material price movements.
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